Sara Britcliffe
Main Page: Sara Britcliffe (Conservative - Hyndburn)Department Debates - View all Sara Britcliffe's debates with the HM Treasury
(2 years, 2 months ago)
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Kwasi Kwarteng
The focus is on growth. As my hon. Friend the Member for North Norfolk (Duncan Baker) said, our net debt to GDP ratio is low compared with other countries in the G7. We are 100% focused on growing the economy, so that future generations will be able to deal with the fiscal shocks they will have to deal with. That is what the purpose of this is.
Sara Britcliffe (Hyndburn) (Con)
Getting through key infrastructure projects and the announcement of investment zones, while helping families and businesses with their energy costs, is key for people in Haslingden. It has been announced that Lancashire can be an investment zone, but there are significant differences and problems between west Lancashire and east Lancashire. Could the Chancellor say whether it is possible for areas to have two investment zones in a county?
Kwasi Kwarteng
Absolutely. There is no reason why we cannot have lots of different investment zones dotted around in lots of areas of the country. The Secretary of State for Levelling Up, Housing and Communities is engaged in conversations with various local authorities as we speak, to see whether they can accommodate investment zones.