Matt Western
Main Page: Matt Western (Labour - Warwick and Leamington)Department Debates - View all Matt Western's debates with the HM Treasury
(2 years, 2 months ago)
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Kwasi Kwarteng
As I have said to other colleagues, my right hon. Friend the Secretary of State for Levelling Up, Housing and Communities is very much engaging with local councils on where investment zones can be located, but I am very happy to speak to my hon. Friend about the possibilities for locating investment zones in the region he suggests.
Matt Western (Warwick and Leamington) (Lab)
Since people close to the Treasury started trailing details about this mini-Budget over the past 10 days, sterling has lost 5% in value against the dollar. Has the Chancellor not just fired the starting gun on a run on the pound?
Kwasi Kwarteng
I know that it is fashionable for Opposition Members to talk down Britain, and they are showing an extraordinary interest in the gyrations of markets, but what will improve market sentiment is strong growth and a Britain that is open for business. That is exactly what we are trying to achieve.