"At the Budget last October, and again in the spring, I made the necessary choices to fix the foundations of our economy, to put the public finances on a sustainable path and to support growth. The 2025 spending review delivered on this strategy, underpinning fiscal plans with firm spending plans, …..." Rachel Reeves - View Speech
"In the spending review, we invested an additional £29 billion every year for day-to-day spending in the national health service, as well as a record uplift in capital spending in the NHS so that there is more money for the equipment to do that vital work, including in cancer treatments, …..." Rachel Reeves - View Speech
"That is a really important point. Our Prime Minister is absolutely committed to early intervention to stop the costs of crisis emerging later on. Later this week, on the anniversary of Labour’s creation of the health service, my right hon. Friend the Secretary of State for Health and Social Care …..." Rachel Reeves - View Speech
"This Government changed the fiscal rules at the Budget last year with a stability rule, so that for the first time we pay for day-to-day spending through tax receipts, and an investment rule, which enables us to invest in the things that will help grow the economy, such as energy …..." Rachel Reeves - View Speech
"It was the hon. Member’s Government, when they were on this side of the House, who froze those allowances, taking more money out of the pockets of working people. Despite that, they left a £22 billion black hole in the public finances. I will take no lessons from Conservative party, …..." Rachel Reeves - View Speech
"The Government recognise the critical contribution that transport makes to our growth mission. The Government increased the capital envelope by over £100 billion at the autumn Budget last year, and by a further £13 billion at the spring statement. Taken together, that represents a big increase in capital investment. As …..." Rachel Reeves - View Speech
"The Government protected the smallest businesses from changes to national insurance by increasing the employment allowance from £5,000 to £10,500. That means that this year 865,000 employers will pay no national insurance contributions at all, and more than half will either gain or see no change to their national insurance …..." Rachel Reeves - View Speech
"It is a bit rich for anyone in the Conservative party to mention black holes, after the one that they left for us to clear up. The hon. Gentleman will have seen the Lloyds business barometer, which has recently been published and shows that business confidence is now at a …..." Rachel Reeves - View Speech
"The stability that this Government have returned to the economy has meant that the Bank of England has been able to cut interest rates four times in the last year, taking hundreds of pounds off people’s mortgages—there was such a big impact in that regard under the last Government. The …..." Rachel Reeves - View Speech
"It was a pleasure to be in Cardiff just after the spending review to look at the difference made by the investment that the Labour Government are putting into transport in Wales. The spending review and the infrastructure strategy recognised Wales’s long-term infrastructure needs and how they have been neglected …..." Rachel Reeves - View Speech