Oral Answers to Questions

Debate between Olly Glover and Rachel Reeves

Tuesday 28th April 2026 Commons Chamber

[Rachel Reeves]

I thank my hon. Friend for that question. While other parties—specifically Reform and the Conservatives—wanted us to enter this war, we stayed out of it, and are working to de-escalate the conflict and reopen the strait of Hormuz. The economy was growing, interest rates were coming down and inflation was falling. As a result, every month since I have become Chancellor, wages have risen by more than inflation, easing the cost of living pressures that the previous Government oversaw.

[Olly Glover (Didcot and Wantage) (LD)]

T3. At a recent meeting with members of Wantage chamber of commerce, local businesses were united in their concerns about business rates and unconvinced by recent Government tweaks that Ministers have just alluded to. Page 31 of Labour’s manifesto states:“The current business rates system disincentivises investment, creates uncertainty and places an undue burden on our high streets. In England, Labour will replace the business rates system, so we can raise the same revenue but in a fairer”—