Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

Stella Creasy Excerpts
Monday 7th July 2025

(1 day, 12 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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I will not give a running commentary on my conversations with businesses or constituents in my constituency, but what I have heard from businesses in the defence and infrastructure sectors is welcome news regarding our long-term spending commitments, our reform of the planning system and our commitment to spending more on capital across our country, which will generate good jobs and good skills in every part of the country.

Stella Creasy Portrait Ms Stella Creasy (Walthamstow) (Lab/Co-op)
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There has been talk about the previous Prime Minister. As the MP for the constituency where the lettuce that lasted longer than the previous Prime Minister was located, I can confirm that we all know from our constituents that she did more damage. It is good to hear Conservative Members finally talking about the small businesses that are the backbone of the British economy, rather than worrying about the millionaires. Does my right hon. Friend agree that we need to give those businesses even more certainty and confidence about the road ahead? The EU trade deal that we have done is a brilliant start, but does he agree that there is now a case for also looking at things like alignment by default, so that they can confidently know what kind of future they have under this Government?

Darren Jones Portrait Darren Jones
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I thank my hon. Friend for welcoming the trade deals that this Government have entered into with the United States, India and the European Union, with whom we got a great deal, especially on food and drink imports and exports, which will result in lower prices on the shelves of our supermarkets across the country. As my hon. Friend knows, we have committed to an annual summit with our counterparts in the European Union, and I am sure that my ministerial colleagues will set out further detail on those negotiations in due course.