Oral Answers to Questions

Debate between Rachel Reeves and Emma Foody

Tuesday 29th October 2024 Commons Chamber

[Emma Foody (Cramlington and Killingworth) (Lab/Co-op)]

T9. Residents in my constituency are still feeling the pinch in their pockets and pay packets from Liz Truss’s disastrous mini-Budget. It is vital that this Government fix the foundations of our economy to deliver proper public services and a rise in living standards. Can the Chancellor tell me how she will deliver this for the north-east and for people across the country?

[Rachel Reeves]

My hon. Friend is right to draw attention to the disastrous impacts of the Conservative mini-Budget just over two years ago, which is still having an impact on people’s lives as they pay higher mortgage bills. This Government have committed to return sustainability to the economy and to working with business to reform our planning system, our pensions system and our skills system. We have already brought in £63.5 billion of private sector investment to grow our economy in all parts of the country and deliver the jobs and better wages that constituents in Cramlington and right across the country need to see.