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Lord Livermore (Lab)

Speaking in the House of Lords on 12 February 2025

Debate

Economic Growth: Public Spending

Contribution

I completely agree with what my noble friend says about business sentiment—increasing positive sentiment in the economy—and I agree with him about increasing investment in the economy. It would be nice to hear a bit more positive sentiment from the party opposite. I will read what Rain Newton-Smith from the CBI said in the aftermath of the Chancellor’s growth speech last week: businesses will welcome the Chancellor “grasping decisions that have sat on the desk of government for too long”, showing that we are serious about growth and prepared to take the tough decisions that are necessary.

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