Matt Bishop
Main Page: Matt Bishop (Labour - Forest of Dean)Department Debates - View all Matt Bishop's debates with the HM Treasury
(1 month, 1 week ago)
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Rachel Blake
This Chancellor has secured six interest rate cuts. We are creating the conditions for investment in business. Investment in skills and innovation is up; investment in regional infrastructure is up; and whole-economy investment is up by 4.9% since the election. This country is the best place for start-ups and scale-ups, thanks to the economic stability that the Chancellor has been securing.
Matt Bishop (Forest of Dean) (Lab)
The Chief Secretary to the Treasury (Lucy Rigby)
Effective transport links are vital to the prosperity and wellbeing of people across the country, including in our border communities. We have been working closely with the Welsh Government to deliver a plan for Welsh rail, and we continue to work with devolved Governments to ensure that border communities stay connected.
Matt Bishop
I thank the Minister for her answer. The Forest of Dean sits on the English-Welsh border, and many of my constituents rely on cross-border transport links to access work, education and healthcare. Does she agree that improving connectivity in border communities can play a significant role in driving economic growth? What consideration is the Treasury giving to supporting investment in key cross-border transport infrastructure?
Lucy Rigby
Border communities rely on strong transport links, and my hon. Friend is a strong advocate for the interests of his constituency and those in the surrounding area. The Government are delivering for people in all parts of the UK, including investments that will benefit those on both sides of the English-Welsh border. That includes the investment in places like Padeswood, on the Wrexham to Liverpool line, as part of the £445 million of investment allocated for rail enhancements in Wales at the 2025 spending review.