Oral Answers to Questions

Debate between Rachel Reeves and Monica Harding

Tuesday 4th March 2025 Commons Chamber

[Rachel Reeves]

In the Budget in October I had to fill the £22 billion black hole left by the previous Government, but there are huge opportunities to grow the economy in the east midlands. We recently agreed the £9 billion Unity deal with Rolls-Royce to support the Royal Navy submarine fleet, which will provide a major boost for economic growth in the east midlands, creating and maintaining 5,000 long-term jobs. That is good for our country’s security, and good for the people of the east midlands.

[Monica Harding (Esher and Walton) (LD)]

3. What assessment she has made of the potential impact of the planned increase in employer national insurance contributions on economic growth.