Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department is taking to protect public sector net investment allocations from short-term spending adjustments during fiscal consolidations.

The Government’s new investment fiscal rule has supported a sustained increase in investment while maintaining sound public finances. This change has enabled over £120 billion of additional capital investment over the Parliament compared with previous plans. At Spending Review 2025, the Government also set departmental budgets for capital investment to 2029-30, giving departments greater certainty to plan effectively, secure value for money and deliver long-term projects and public services successfully.