Public Spending: Inheritance Debate

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Department: HM Treasury

Public Spending: Inheritance

Rachael Maskell Excerpts
Monday 29th July 2024

(3 months, 3 weeks ago)

Commons Chamber
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Rachael Maskell Portrait Rachael Maskell (York Central) (Lab/Co-op)
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Thank you, Madam Deputy Speaker, and welcome to your place.

I thank my right hon. Friend for her forensic approach to the nation’s finances. As she digs deeper, she will see that York, the city I represent, is at the bottom of many of the matrices for the funding formulas. Will she look at the funding formulas before the Budget so that we can see the distribution of funding? The last Government handed out, for pet projects, much of the money that she is trying to get control of now, but will she look at how that is distributed across the country?

Rachel Reeves Portrait Rachel Reeves
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I know, particularly around flood defences, that there are many great needs in the York constituency that my hon. Friend represents. These decisions will all be made at the time of the spending review.