Oral Question·Treasury
“What recent assessment she has made of the potential impact of levels of government debt interest payments on public finances.”
Tabled: 3 September 2025Answered: 9 September 2025
Asked by
Sir Desmond Swayne
Conservative — New Forest West
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
We are investing in Britain’s future and putting in place the plans needed to get Britain building again after 14 years of Tory failure. Since the election, we have had five interest rate cuts, wages have risen more in the first 10 months of this Labour Government than they did in the first 10 years of the previous Conservative Government, and we are the fastest growing economy in the G7 in the first half of this year.