Mike Wood
Main Page: Mike Wood (Conservative - Kingswinford and South Staffordshire)Department Debates - View all Mike Wood's debates with the Cabinet Office
(1 day, 15 hours ago)
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Mike Wood (Kingswinford and South Staffordshire) (Con)
Key to much of that plan is the Government’s target to make the UK the fastest growing economy in the G7. But with the International Monetary Fund joining the Office for Budget Responsibility and the OECD in massively slashing projections for UK growth and the IMF not expecting the UK to be the fastest growing economy in the G7 in any year between now and 2030, how confident is the Minister that the Government will meet that target?
Ellie Reeves
The prediction is that we are set to be the largest growing European economy in the G7. Since coming into government in July, we have prioritised growth: for example, Universal Studios building Europe’s biggest theme park in Bedfordshire, and unblocking planning decisions on projects like the lower Thames crossing. We are getting on with delivering the growth that the country needs after 14 years of decline under the Conservatives.