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Private Sector: Economic Growth

Asked by Gareth ThomasLabour (Co-op)TreasuryTabled Answered 2 February 2026UIN 109051

The question

To ask the Chancellor of the Exchequer, whether she will hold discussions with the Secretaries of State for Housing, Communities and Local Government, and Business and Trade on the conclusions of the Independent Commission on Neighbourhoods on how to achieve private sector growth in mission critical neighbourhoods.

Answered by James Murray

We acknowledge the work of the Independent Commission on Neighbourhoods and its recommendations for how to invest in deprived communities.

The Pride in Place Programme, announced in September, demonstrates this Government’s firm commitment to backing neighbourhoods that have for too long been left behind and overlooked. This flagship programme will deliver up to £5bn funding and support to 244 of the most deprived places across Britain over the next decade, and the accompanying Pride in Place Strategy set out a broader plan for giving communities across the country the tools and powers they need to drive change in their neighbourhood.

We will carefully consider the Commission’s findings, engaging with relevant departments and stakeholders as appropriate to understand how we can further deliver for neighbourhoods across the country.

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