Public Finances: Borrowing Costs Debate

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Department: HM Treasury

Public Finances: Borrowing Costs

Paul Kohler Excerpts
Thursday 9th January 2025

(1 day, 17 hours ago)

Commons Chamber
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Paul Kohler Portrait Mr Paul Kohler (Wimbledon) (LD)
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I completely sympathise with the Chief Secretary about the incredible brass neck of the official Opposition. He talks about kick-starting growth, but can he give us any evidence that growth has been kick-started? Does he not realise that the only way to kick-start growth in the near future is to re-engage with Europe?

Darren Jones Portrait Darren Jones
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The hon. Gentleman will know that this Government’s approach to stimulating growth in the economy is about stability, investment and reform—the political and economic stability the Chancellor has brought to this country; the investment from private sector partners, as well as from the state, where appropriate; and the reform of policy areas such as the planning system, or the financial services reform that the Chancellor set out in her Mansion House speech. He is also right, of course, that we need to improve our trading relationship with countries around the world, which is why the Chancellor is going to China today, and why we have begun negotiations with our friends in the European Union on how we can improve our relationship on a whole host of issues, including trade, energy, defence and security.