Jo Stevens

Jo Stevens

Labour — Cardiff East

Speaking in the House of Commons on 3 December 2025

Debate

Economic Growth

Contribution

Britain outperformed growth forecasts this year. Growth was upgraded from 1% to 1.5%, and we are on course to achieve the second-fastest growth rate among G7 countries. The Bank of England has cut interest rates five times since the election. The positive impact that our UK and Welsh Labour Governments are having is clear from how the Welsh economy is changing. In the last year in Wales, wages have increased faster than inflation, employment has risen, inactivity is down and inward investment is up.

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