Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps HM Treasury is taking to support private-sector investment in productivity sectors and critical infrastructure in Leicester East.

The Government's ambition is to support good growth across all parts of the United Kingdom. As set out in the Prime Minister's recent Machinery of Government Statement, No10 North will be responsible for driving good growth through devolution and working in close partnership with local leaders, businesses, and communities to strengthen place-based growth

We are also committed to fundamentally rewiring the way our country works, transferring greater powers, funding and accountability to the local leaders who know what it takes to drive growth and attract investment in their areas

As part of this we have provided support to Leicester through the Pride in Place fund, allowing neighbourhoods like Eyres Monsell, Braunstone Park West and Thurnby Lodge to decide where this is best spent, with each receiving £20m

This government has already taken first steps to tackle some of the barriers to private sector investment, including driving planning reform, removing the ban on the development of onshore wind farms, and expanding the Office for Investment. Regions across the UK benefit from British Business Bank's Nation and Regions Investment Funds, including the £400m Midlands Engine Investment Fund, which is still deploying capital.