Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Autumn Budget 2024 on levels of business confidence in rural communities in (a) Fylde constituency and (b) Lancashire.

The Autumn Budget delivered fiscal stability. Recent surveys from EY and PwC show overall business and investor confidence is rising.

The government has taken significant steps to support rural businesses across the country. We are restoring stability and investment in our public services as the best way to support growth across the country, including in rural areas. We are investing £5 billion in broadband connectivity which will support growth in rural areas across the UK. We confirmed over £650 million of funding for local transport beyond City Region Sustainable Transport Settlements in 2025-26 to ensure that transport connections improve in our towns, villages and rural areas.

We have also committed £5 billion for the farming budget over two years – which includes the largest ever amount of funding directed at sustainable food production and nature’s recovery in our country’s history.