Speeches by Reeves.

“We had an auction of Government gilts yesterday, and that was very comfortably oversubscribed, which is very welcome. If you look at the forecasts from the Office for Budget Responsibility for interest rates and inflation over the course of the Parliament, both are on a downward trajectory. If you take inflation, it pe…”

“Yes—see you in Darlington soon, Lola McEvoy. We will make sure at that meeting that we have representation, for example, from our mayors, because delivering growth is not just a Government mission; it is now our national mission, and we know that we cannot just deliver growth from Westminster or Whitehall. We have got …”

“Oh, the mission boards, yes. We have had two or three meetings of the growth mission board, which I chair. I think we have about four or five permanent members of that—Cabinet members, and then other Cabinet members attend based on our discussions. The next meeting of the growth mission board is later in November, and …”

“Well, we have another couple of months before the inauguration. Obviously, we will begin those conversations. We will prepare for different eventualities. I absolutely do not want to sound in any way sanguine, but on the other hand, I am optimistic about our ability to shape the global economic agenda, as we have under…”

“On this point about the US, we are not just a passive actor in this; it is a trade relationship with the United States, and we will make strong representations about the importance of free and open trade, not just between ourselves and the United States, but globally. The US also benefits from that access to free and o…”

“First of all, thank you very much, John Glen, for what you said. We were opposite each other at the Dispatch Box for a number of years, and I think you know the esteem with which my party holds you and how much we enjoyed facing you—if that is the right word—across the Dispatch Box. I look forward to taking questions f…”

“No, I think this is all upside, because the OBR do not take into account our planning reforms. That is not a disrespect that I am giving to the OBR; this is early on in the process. We are developing that work. We have already called in a number of planning decisions. We have got rid of the effective moratorium on onsh…”

“Our growth plans are not just about planning, but I honestly believe that, after stability, planning is the biggest thing that this Government can do to unlock growth, whether that is in energy infrastructure, digital infrastructure, transport—”

“Yes, and the OBR said it was an upside risk to their growth forecast. We were less than four months into this new Government when the OBR put together its forecast, and we have more work to do to deliver on that growth mission. When I talk to businesses, big and small, they say that two things are most important. The f…”

“That is certainly our ambition. You had Richard Hughes and the Office for Budget Responsibility team here yesterday, and I want to thank them for all their work that goes into the forecast process. They said to your Committee that one upside to their growth forecast is the planning reform that we have begun work on. On…”

“Thank you very much, and it is a real privilege and pleasure to be here today to take questions from your Committee. Growth is the No. 1 mission of this Government and something we are determined to deliver, because, in the end, it is economic growth that drives up living standards and ensures that we have the money bo…”

“In the circumstances I have inherited, it is the right choice to make. Successful businesses depend on successful schools, healthy businesses depend on a healthy NHS, and a strong economy depends on strong public finances. If the Conservative party chooses to oppose this choice, it is choosing more austerity, more chao…”

“Madam Deputy Speaker, on 4 July, the country voted for change. This Government were given a mandate: to restore stability to our economy and to begin a decade of national renewal; to fix the foundations and deliver change through responsible leadership in the national interest. That is our task, and I know that we can …”

“I would politely suggest that hon. Members listen to this, because it includes funding for vital compensation schemes for victims of two terrible injustices: the infected blood scandal and the Post Office Horizon scandal. The Leader of the Opposition rightly made an unequivocal apology for the injustice of the infected…”

“This is likely to be the last time that the shadow Chancellor, the right hon. Member for Godalming and Ash (Jeremy Hunt), is up against me at the Dispatch Box. We have had the privilege of these exchanges for just over two years now, and I have a huge amount of respect for him. He steered our country through a very dif…”

“I know that the hon. Gentleman is a proud supporter of businesses big and small in his constituency and across Northern Ireland. I will set out more detail in tomorrow’s Budget, including on business rates, but I recognise how important it is for us to support small businesses, so that they can grow and create jobs rig…”

“The Conservative party oversaw years of chaos, which cost not only families but businesses. The Government are committed to delivering the economic stability needed for investor confidence. Our commitment to a credible Budget, strong institutions and robust fiscal rules are at the heart of that plan. Earlier this month…”

“Last week, when I was in Washington, I was very pleased to hear the International Monetary Fund say how important it is that countries, including the UK, borrow to invest in their capital infrastructure. Under the plans we inherited from the previous Government, capital spending as a share of GDP is due to fall from 2.…”

“The last Government crashed the economy with a mini-Budget and sent interest rates and mortgage rates soaring, putting huge pressure on the costs borne by families and businesses. We will set out our Budget tomorrow, including robust fiscal rules on paying for day-to-day spending through tax receipts and borrowing only…”

“I thank the Chair of the Treasury Committee for that question. She is absolutely right that in our July statement, we set a 2% productivity target, not just for the Department of Health and Social Care, as the previous Government did, but for all Departments. Ministers are absolutely determined to deliver against those…”