Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Luke Akehurst Excerpts
Tuesday 9th September 2025

(2 days, 6 hours ago)

Commons Chamber
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Douglas McAllister Portrait Douglas McAllister (West Dunbartonshire) (Lab)
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13. What steps she has taken to increase economic growth through the 10-year infrastructure strategy.

Luke Akehurst Portrait Luke Akehurst (North Durham) (Lab)
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16. What steps she has taken to increase economic growth through the 10-year infrastructure strategy.

Rachel Reeves Portrait The Chancellor of the Exchequer (Rachel Reeves)
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Before I start, I quickly welcome my hon. and learned Friend the Member for Northampton North (Lucy Rigby) and my hon. Friend the Member for Chipping Barnet (Dan Tomlinson) to the team. I also congratulate my hon. Friend the Member for Ealing North (James Murray) on his new position as Chief Secretary to the Treasury.

In response to the questions, I want to be clear that the 10-year national infrastructure strategy is core to delivering this Government’s growth mission to boost living standards. The strategy will fund at least £725 billion of infrastructure over the next decade and transform how projects are planned and delivered, so that we do not have the cost and time overruns that we became so used to under the Conservatives.

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Rachel Reeves Portrait Rachel Reeves
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My hon. Friend is a great champion for the people of West Dunbartonshire, and I know he is working very closely with the Ministry of Defence at the moment to secure defence investment in his constituency. During the summer, I had the opportunity to spend some time in Scotland, seeing the results of our infrastructure investments—in the defence sector, carbon capture and storage in Aberdeenshire, transport investment in Glasgow, the supercomputer, and RAF Lossiemouth—and how the trade deals are benefiting industries in Scotland, including Scotch whisky.

Luke Akehurst Portrait Luke Akehurst
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Can the Chancellor outline the impact on economic growth in the north-east of England she expects from the record-breaking £1.85 billion spending package awarded earlier this year for transport infrastructure in the region?

Rachel Reeves Portrait Rachel Reeves
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My hon. Friend has been a good advocate for his constituents. He and I, as well as the Labour Mayor Kim McGuinness, know that investing in roads, cycleways and the metro will make a real and practical difference. This builds on the £0.6 billion that the north-east is receiving through the city region sustainable transport settlement, of which £23 million has been earmarked for Durham. Of course, my hon. Friend’s constituents will also benefit from the wider economic benefits of extending the Tyne and Wear metro, linking Washington with Newcastle and Sunderland.