Credit: Lauren Hurley / No 10 Downing Street
Copyright: Crown copyright. Licensed under the Open Government Licence
The new Chancellor, Rachel Reeves , is meeting business leaders today (08/07/2024), including leading construction companies, to set out the new government’s plan to get the UK economy moving again.
Central to this will be the setting of house building target and reform of the planning system with the hope that it will unblock infrastructure projects and encourage private investment.
In her first major speech as Chancellor, Reeves is expected to say:
“Our manifesto was clear: ‘Sustained economic growth is the only route to improving the prosperity of our country and the living standards of working people.’
“Where governments have been unwilling to take the difficult decisions to deliver growth – or have waited too long to act – I will deliver.
“It is now a national mission. There is no time to waste.
“This morning I want to outline the first steps this new government has taken to fix the foundations of our economy, so we can rebuild Britain and make every part of our country better off.
“We face the legacy of fourteen years of chaos and economic irresponsibility.
“It falls to this new Government to fix the foundations.”
