Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 1 July 2025

Debate

Poverty Reduction

Contribution

This Government changed the fiscal rules at the Budget last year with a stability rule, so that for the first time we pay for day-to-day spending through tax receipts, and an investment rule, which enables us to invest in the things that will help grow the economy, such as energy infrastructure, defence spending and transport and digital infrastructure. As a result, in the Budget and then in this year’s spring statement, we unlocked £300 billion more to spend during the course of this Parliament, including the record settlement for the Scottish Government. It is now up to the Scottish Government to spend that money wisely and to try to reduce waiting lists in Scotland, as we have done in England and, indeed, in Wales.

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