Spring Forecast Debate

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Department: HM Treasury

Spring Forecast

Katie Lam Excerpts
Tuesday 3rd March 2026

(1 day, 8 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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My hon. Friend is a strong advocate for his constituents in Rossendale and Darwen, and he was also a big advocate for the reforms to the Green Book that we managed to bring in at the Budget last year. Because of those changes, we will now look more favourably at investment opportunities in rural areas, coastal communities and places that have been left behind. I welcome any suggestions for specific investments in his constituency, either through the British Business Bank, UK Export Finance or the National Wealth Fund, all of which have had their budgets expanded under this Labour Government.

Katie Lam Portrait Katie Lam (Weald of Kent) (Con)
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The Chancellor stands there and says that living standards are up and the economy is growing, but people can see the reality in their everyday lives: unemployment up month on month and energy bills higher than when Labour came to power. The latest figures in fact show that per person, our economy is shrinking, yet she stands there and says she has

“the right economic plan for our country”.

Does she have any idea how that sounds to people out there who are working harder than ever, with less and less left over at the end of every month?