Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

Lincoln Jopp Excerpts
Monday 7th July 2025

(1 day, 12 hours ago)

Commons Chamber
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Lincoln Jopp Portrait Lincoln Jopp (Spelthorne) (Con)
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Before the general election, the Chancellor said that this would be the most pro-business Government ever. She spoke recently at The Times CEO summit. Before she was introduced to the CEOs, the host asked how many of them thought that this Government are still pro-business, and not a single hand went up. Why does the Chief Secretary to the Treasury think that is?

Darren Jones Portrait Darren Jones
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I was not at the event, so I cannot comment on those discussions, but I point the hon. Member to record levels of investment in this country. We have £120 billion of investment from the private sector in the first year of this Labour Government—including, as the Prime Minister said last Wednesday at Prime Minister’s questions, £40 billion from Amazon. We can look at water infrastructure, housing or digital infrastructure. The United Kingdom is a country that people now want to invest in. It is a stable country with a long-term strategy and with lots of great potential and assets, and we look forward to working with those business partners and investors to get the best deal for Britain.