VerbatimParliament, as it happens

Economic Growth: Forest of Dean

Asked by Matt BishopLabourTreasuryTabled Answered 10 March 2025UIN 34751

The question

To ask the Chancellor of the Exchequer, what steps she has taken to help increase economic growth in the Forest of Dean.

Answered by Emma Reynolds

Economic growth is the number one mission of this Government and ensuring growth is felt in all regions of the UK is a core part of the Growth Mission.

At Autumn Budget, we set out the first major steps in our approach to regional growth through devolution, investment and reform. We have made clear the government’s focus on attracting inward investment across the country, and to investing in the infrastructure needed to support cities and regions to grow.

Fostering an environment where businesses can thrive and reach their potential irrespective of where they are is a core objective of our modern, ambitious industrial strategy.

Through the one-year expansion of the UK Shared Prosperity Fund, the Forest of Dean will receive £300k to support local economic interventions in 2025/26.

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