M
Member
Speaking in the House of Lords on 5 June 2025
Debate
Regional GrowthContribution
As the Prime Minister set out in the plan for change, economic growth is the No. 1 mission of this Government. It is key to achieving the Government’s goals: higher wages for working people; delivering economic and national security; and investing in our public services. We are already making progress. The most recent figures show that the United Kingdom was the fastest growing economy of any G7 country in the first quarter of the year and that real wages have risen more since July 2024 than over the first 10 years of the previous Conservative Government. But we are keenly aware that this progress must be widely felt in every part of the country. As such, our plan for regional growth will be hardwired into the spending review and infrastructure strategy, which will be set out in more detail in the coming weeks. This investment will be targeted squarely at the renewal of Britain and fixed on the priorities of working people, delivering on the promise of change and improving lives and communities across the country.
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