Written Question·Department for Business and Trade·UIN 90698
Industry: Fiscal Policy
Tabled: 13 November 2025
Answered: 19 November 2025
Question
Wendy Morton
Conservative — Aldridge-Brownhills
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the Industrial Strategy on the fiscal position of the UK.
Answer
Blair McDougallSince publication, over £250 billion of investment commitments have been made into the IS-8, boosting our frontier industries. These commitments will enhance their rate of growth and in turn bring in higher tax revenues.
Fiscal policy is a matter for the Treasury, and the Chancellor has commissioned the Office for Budget Responsibility to produce an economic and fiscal forecast to be published alongside the Budget on 26 November.