Growing the UK Economy Debate

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Department: HM Treasury

Growing the UK Economy

Sam Carling Excerpts
Wednesday 29th January 2025

(2 days, 6 hours ago)

Commons Chamber
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Sam Carling Portrait Sam Carling (North West Cambridgeshire) (Lab)
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I welcome the Government’s announcements today, in particular on the Oxford-Cambridge growth corridor. Cambridgeshire and Peterborough are an economic powerhouse for our country. What we often find is that spin-out businesses from Cambridge look to move to Peterborough as they grow, because of our expertise in advanced manufacturing and logistics. Does the Chief Secretary agree that, with the benefits the growth corridor will bring, it is also vital that we bring in the expertise from Peterborough and utilise the increased transport connectivity to do that?

Darren Jones Portrait Darren Jones
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I thank my hon. Friend, who is absolutely right. The growth corridor is an important enabler not just for developments along the railway, but for the whole region, as we see from other countries that get such projects right—for example, the Chancellor referred to silicon valley—where the opportunities for the broader region are made available. I am sure they will be available to the people of Peterborough, too.