Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 8 March 2017.
Michael Fabricant
Conservative, Lichfield
12:00,
8 March 2017
What recent assessment she has made of the (a) performance of the economy and (b) adequacy of provision of public services in the Midlands Engine region; and if she will make a statement.
Theresa May
The Prime Minister, Leader of the Conservative Party
Although I will not speculate on the statement that my right hon. Friend the Chancellor will make very shortly, I can assure my hon. Friend that the fundamentals of our economy are strong. Since 2010, employment in the west midlands has risen by 215,000 and private sector employment alone grew by 80,000 in the past year. We have also seen schools and police budgets being protected, and more doctors and nurses in his local hospitals.
Michael Fabricant
Conservative, Lichfield
And of course we have also witnessed the post-Brexit vote of confidence from Nissan, Boeing and Dyson investing in other parts of the country, but will my right hon. Friend say a little bit more about firms like Jaguar Land Rover in the west midlands?
Theresa May
The Prime Minister, Leader of the Conservative Party
I am happy to say to my hon. Friend that in the wider sense, of course, our plans for the midlands engine show that we want an economy that works for everyone. We have already confirmed over £330 million in the growth deal funding and money is going into the midlands engine investment fund and the Birmingham rail hub, but it is also important to recognise the investment that is being made in the UK by companies like Jaguar Land Rover, which will be building its new Range Rover model in Solihull. That is very good news for the west midlands and also for the British economy. It is a sign of the confidence that Jaguar Land Rover has in the UK for the future.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.