Oral QuestionMinistry of Justice

If he will make a statement on his departmental responsibilities.

Tabled: 18 May 2022Answered: 24 May 2022

Asked by

John Lamont

ConservativeBerwickshire, Roxburgh and Selkirk

Answering Minister

the Secretary of State for Justice

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

Investment is at the heart of this Government’s growth mission, alongside stability and reform. With robust fiscal rules and respect for economic institutions, the Government are building the confidence needed to deliver private sector investment. It is vital that the tax system also supports growth, and today I can confirm that the Government will outline a tax road map for business at the Budget to offer the certainty that encourages investment and gives business the confidence to grow, including our commitment to cap corporation tax at 25% for the duration of this Parliament and to retain full expensing.