Treasury – in the House of Commons at on 1 July 2025.
Rachel Gilmour
Liberal Democrat, Tiverton and Minehead
What fiscal steps she is taking to help increase growth in rural areas.
Emma Reynolds
The Economic Secretary to the Treasury
The Government have committed £2.7 billion per year to support sustainable farming and nature recovery, supporting the rural economy. We have also confirmed investment of £1.9 billion over four years into digital connectivity as well as £2.3 billion of local government transport funding for smaller cities, towns and rural areas.
Rachel Gilmour
Liberal Democrat, Tiverton and Minehead
While I welcome the Government’s rural growth plans, I am concerned about the persistent poverty in many rural areas. The additional costs of living in these communities—known as the rural premium—exacerbate hardship. What specific steps will the Chancellor take to support those in, or near, poverty in rural areas, and will the Treasury commit to revising the indices of multiple deprivation to more accurately reflect deprivation in rural and coastal communities, such as west Somerset and mid Devon?
Emma Reynolds
The Economic Secretary to the Treasury
The Ministry of Housing, Communities and Local Government will be coming forward with further details of funding for the 350 most deprived communities across the country, including rural areas.
Jayne Kirkham
Labour/Co-operative, Truro and Falmouth
As one of the most deprived regions of northern Europe, Cornwall benefited from objective 1 structural and sustained prosperity fund funding. Can the Minister confirm that, under this Government, Cornwall will not lose out on funding for economic growth and the investment that our communities deserve?
Emma Reynolds
The Economic Secretary to the Treasury
We are supporting growth across the country, and we will publish further details of how we will do that in the coming weeks.
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.
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