Oral QuestionDepartment for Energy Security and Net Zero

If he will make a statement on his departmental responsibilities.

Tabled: 12 September 2024Answered: 8 October 2024

Asked by

Clive Jones

Liberal DemocratWokingham

Answering Minister

the Secretary of State for Energy Security and Net Zero

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

Since I became Chancellor, our economy has grown by 2.3%—the fastest growth among European G7 economies in that period. Over that time, we have progressed our strategy for stronger and more secure growth through fiscal stability by bringing in an additional £120 billion in public investment, by crowding in private investment through the National Wealth Fund and the British Business Bank, because I changed our fiscal rules; and by removing structural barriers to growth, including through big reforms to our planning and pensions systems and through progress on reducing regulatory burdens, particularly on smaller businesses.