Oral QuestionTreasury

If she will make a statement on her departmental responsibilities.

Tabled: 22 April 2026Answered: 28 April 2026

Asked by

Cat Smith

LabourLancaster and Wyre

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

We are on the right path with the right economic plan. Unemployment is down, the economy is growing, interest rates have been cut six times, and last year Government borrowing was lower than it was the year before and is set to fall by more than in any other G7 economy. At the same time, the Government are acting responsibly on the world stage. This is a war that we did not start, we did not enter, and we are working with our international allies to de-escalate. Our focus is on protecting family finances, supporting businesses and taking care with the public purse to improve Britain’s economic resilience. That is the right plan for our country.