To ask His Majesty's Government what steps they are taking to ensure that the economy continues to grow due to any low business confidence.
Answered on
13 February 2025
Securing economic growth is the government’s number one priority. In her speech on January 29 of this year, the Chancellor outlined the next steps forwards in the government’s plan for growth, including a new approach to the Oxford-Cambridge Growth Corridor and support for a third runway at Heathrow Airport.
The government has also announced an ambitious programme of reform across planning, infrastructure, pensions, industrial strategy, and the labour market. We have also increased capital investment by over £13 billion for 2025-26 compared to 2024-25 and created the National Wealth Fund.
Britain was recently ranked the second most attractive investment destination globally in PwC's Annual CEO Survey.