Oral QuestionTreasury

What progress she has made on increasing economic growth.

Tabled: 27 August 2024Answered: 3 September 2024

Asked by

Catherine Fookes

LabourMonmouthshire

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

Sustained economic growth is the only route to improving the prosperity of our country and the living standards of working people. That is why we have already taken a number of actions to begin delivering on our growth mission —the No. 1 priority of this new Labour Government—which includes a series of planning reforms to get Britain building; the establishment of a national wealth fund to bring in private sector investment; the announcement of a pensions review to unlock growth, boost investment and deliver better returns to pensioners; the launch of Skills England; and the announcement of the forthcoming White Paper on getting Britain working again. This Government are determined to boost growth and improve living standards, and, by doing so, to have the money that we need to fund our vital public services.