Gilt Yields

Lord Hunt of Kings Heath Excerpts

Tuesday 2nd September 2025 Lords Chamber

[Lord Livermore (Lab)]

I disagree with the noble Lord’s interpretation of this Government’s strategy. We have a very clear strategy to grow the economy and maintain fiscal stability. It is incredibly welcome that my right honourable friend is now working inside No. 10 and will help to drive forward the Government’s agenda.

[Lord Hunt of Kings Heath (Lab)]

My Lords, will my noble friend respond to the comment of the noble Baroness, Lady Neville-Rolfe, about North Sea oil and gas? Will he remind her of the CBI report in spring this year, which showed that in the previous year the green economy had grown by nearly 10%, as opposed to the pathetic growth figure that the last Government produced overall?

[Lord Livermore (Lab)]

My noble friend says it much better than I can. I agree wholeheartedly with what he says. Of course it is important that we grow the green economy, but we must also make sure that we grow the whole economy as well.