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GDP measures the size of the economy. Find the latest GDP growth data for the UK and comparisons with other G7 economies.
GDP measures the size of the economy. Find the latest GDP growth data for the UK and comparisons with other G7 economies.
Next January, the United Kingdom will take the chair of the G20, providing our country with a real platform to lead international conversations and to deliver here at home. Will the Minister tell the House what our priorities will be when we take the chair and what plans we have across Government to make the most of this unique position?
Next January, the United Kingdom will take the chair of the G20, providing our country with a real platform to lead international conversations and to deliver here at home. Will the Minister tell the House what our priorities will be when we take the chair and what plans we have across Government to make the most of this unique position?
My hon. Friend is right to raise the importance of the G20 summit, not only this year but when the UK is hosting from January. I can confirm that tackling structural imbalances, future industries, open trade and reforming global economic systems to support developing countries will be our focus as we move into chairing the G20. He is right that this is a crucial moment for the United Kingdom. The FCDO will play an important part co-ordinating the work across Government, via the Cabinet Office.
My hon. Friend is right to raise the importance of the G20 summit, not only this year but when the UK is hosting from January. I can confirm that tackling structural imbalances, future industries, open trade and reforming global economic systems to support developing countries will be our focus as we move into chairing the G20. He is right that this is a crucial moment for the United Kingdom. The FCDO will play an important part co-ordinating the work across Government, via the Cabinet Office.
My hon. Friend is right to raise the importance of the G20 summit, not only this year but when the UK is hosting from January. I can confirm that tackling structural imbalances, future industries, open trade and reforming global economic systems to support developing countries will be our focus as we move into chairing the G20. He is right that this is a crucial moment for the United Kingdom. The FCDO will play an important part co-ordinating the work across Government, via the Cabinet Office.
Next January, the United Kingdom will take the chair of the G20, providing our country with a real platform to lead international conversations and to deliver here at home. Will the Minister tell the House what our priorities will be when we take the chair and what plans we have across Government to make the most of this unique position?
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential effect of developments in the Middle East on global financial stability.
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential effect of developments in the Middle East on global financial stability.
Since the start of the conflict the Government has engaged allies and partners to urge de-escalation and shared efforts towards diplomacy, and has taken action to protect the UK public from the rising cost of living by providing immediate support for vulnerable heating oil customers and bringing energy bills down.
HM Treasury has also been working closely with the financial regulators to monitor potential risks to financial stability, including through its membership of the Bank of England’s Financial Policy Committee (FPC) and the global Financial Stability Board (FSB). The FPC is responsible in the UK for identifying, monitoring and taking action to remove or reduce systemic risks to the UK financial system.
In its April 2026 Record, the FPC assessed that conflict in the Middle East represents a negative supply shock to the global economy. The FPC noted that while the financial system has remained resilient, and the UK banking system has the capacity to support households and businesses even if conditions were to be substantially worse than expected, the conflict has increased global uncertainty following a period of already elevated risks and called for firms to actively manage their risks.
I beg to move,
That this House has considered the impact of food inflation on the cost of living.
It is an honour to serve under your chairmanship, Dame Siobhain. I am grateful to the Backbench Business Committee for granting this debate, which I requested in October last year, and to those...
I beg to move,
That this House has considered the impact of food inflation on the cost of living.
It is an honour to serve under your chairmanship, Dame Siobhain. I am grateful to the Backbench Business Committee for granting this debate, which I requested in October last year, and to those...
I congratulate the hon. Lady on securing this important debate. She is right to highlight the issue of inflation, especially food inflation, but does she also recognise that although the price of food is going up, the food producers, predominantly farmers, are not seeing a similar rise in the income...
I congratulate the hon. Lady on securing this important debate. She is right to highlight the issue of inflation, especially food inflation, but does she also recognise that although the price of food is going up, the food producers, predominantly farmers, are not seeing a similar rise in the income...
Indeed; if the hon. Gentleman is a listener to “Farming Today”, which I listen to in the mornings, he will know that the price of milk goes up and down, which makes it very hard for dairy farmers to survive. I agree that there is something there, and I am...
Indeed; if the hon. Gentleman is a listener to “Farming Today”, which I listen to in the mornings, he will know that the price of milk goes up and down, which makes it very hard for dairy farmers to survive. I agree that there is something there, and I am...
The hon. Lady is absolutely right in identifying the structure here. The market is one that is ripe for abuse. There are 15 behemoth retailers at the top and 210,000 primary producers at the bottom, leading to a situation where our constituents cannot afford to buy the food and the...
The hon. Lady is absolutely right in identifying the structure here. The market is one that is ripe for abuse. There are 15 behemoth retailers at the top and 210,000 primary producers at the bottom, leading to a situation where our constituents cannot afford to buy the food and the...
I know the Minister will have much to say on that issue, and I look forward to her response.
I know the Minister will have much to say on that issue, and I look forward to her response.
I shall add a Labour voice to the case for supply and production, but first I pay tribute to the Newcastle-Staffs Foodbank in Newcastle-under-Lyme, which does wonderful work, particularly at the Newcastle Congregational Church on King Street.
The intervention by the right hon. Member for Orkney and Shetland (Mr Carmichael) about...
I shall add a Labour voice to the case for supply and production, but first I pay tribute to the Newcastle-Staffs Foodbank in Newcastle-under-Lyme, which does wonderful work, particularly at the Newcastle Congregational Church on King Street.
The intervention by the right hon. Member for Orkney and Shetland (Mr Carmichael) about...
Indeed, and it is wonderful to hear hon. Members speaking up on behalf of their constituents, particularly farmers—we now have so much more information about farming now than there was before.
Coming back to the point about the prices of cheaper foods rising at a much higher rate than the prices...
Indeed, and it is wonderful to hear hon. Members speaking up on behalf of their constituents, particularly farmers—we now have so much more information about farming now than there was before.
Coming back to the point about the prices of cheaper foods rising at a much higher rate than the prices...
I wonder whether my hon. Friend heard the testimony of Toby Ovens, the managing director of Broughton Transport Solutions, to the Business and Trade Committee the other day. He spoke about how we have lost that complex network, but gained a mountain of paperwork, which is accounting for much of...
I wonder whether my hon. Friend heard the testimony of Toby Ovens, the managing director of Broughton Transport Solutions, to the Business and Trade Committee the other day. He spoke about how we have lost that complex network, but gained a mountain of paperwork, which is accounting for much of...
My hon. Friend is quite right, and is well versed on these issues. UK businesses face more red tape when they want to import from and export to the EU, invariably adding to costs in the sector. On 19 May last year, the UK and the EU agreed an exciting...
My hon. Friend is quite right, and is well versed on these issues. UK businesses face more red tape when they want to import from and export to the EU, invariably adding to costs in the sector. On 19 May last year, the UK and the EU agreed an exciting...
I am most grateful to my hon. Friend for calling for this important debate. The Health and Social Care Committee are currently doing an inquiry into food, and supermarkets will be coming in shortly to talk to us about how they operate—we will have a lot of questions to ask....
I am most grateful to my hon. Friend for calling for this important debate. The Health and Social Care Committee are currently doing an inquiry into food, and supermarkets will be coming in shortly to talk to us about how they operate—we will have a lot of questions to ask....
I look forward to reading the report that comes out of my hon. Friend’s Committee.
How do we build a future without food banks? Let us look at what has worked. As a former borough leader, I introduced free school meals for all primary school children. It was a great equaliser...
I look forward to reading the report that comes out of my hon. Friend’s Committee.
How do we build a future without food banks? Let us look at what has worked. As a former borough leader, I introduced free school meals for all primary school children. It was a great equaliser...
On Friday, I visited the Coexist Community Kitchen in my constituency, which does amazing work to get the community in. It runs cookery classes, is accessible and has affordable and healthy food, and sometimes it is free. Quite a lot of people go there on social prescriptions. On the issue...
On Friday, I visited the Coexist Community Kitchen in my constituency, which does amazing work to get the community in. It runs cookery classes, is accessible and has affordable and healthy food, and sometimes it is free. Quite a lot of people go there on social prescriptions. On the issue...
My hon. Friend, who is a former Minister, makes an excellent point. I know that the Minister present will look into our idea of a publicly backed food hub or wholesale platform. It could operate on a cost-recovery basis and work with local suppliers to help them to supply food...
My hon. Friend, who is a former Minister, makes an excellent point. I know that the Minister present will look into our idea of a publicly backed food hub or wholesale platform. It could operate on a cost-recovery basis and work with local suppliers to help them to supply food...
May I say what a pleasure it is to serve not only under your chairship, Dame Siobhain, but on the Treasury Committee with you and the hon. Member for Hornsey and Friern Barnet (Catherine West)?
I first became engaged in this subject during my first Parliament, when I joined the all-party...
May I say what a pleasure it is to serve not only under your chairship, Dame Siobhain, but on the Treasury Committee with you and the hon. Member for Hornsey and Friern Barnet (Catherine West)?
I first became engaged in this subject during my first Parliament, when I joined the all-party...
It is a pleasure to have you in the Chair today, Dame Siobhain. I thank my hon. Friend the Member for Hornsey and Friern Barnet (Catherine West) for securing this debate, and I thank the right hon. Member for Salisbury (John Glen) for his interesting, informative and considered contribution, especially...
It is a pleasure to have you in the Chair today, Dame Siobhain. I thank my hon. Friend the Member for Hornsey and Friern Barnet (Catherine West) for securing this debate, and I thank the right hon. Member for Salisbury (John Glen) for his interesting, informative and considered contribution, especially...
As ever, it is a pleasure to serve with you in the Chair, Dame Siobhain. I thank the hon. Member for Hornsey and Friern Barnet (Catherine West) for securing the debate.
For many people across the country, rising food prices are one of the most concrete ways in which the cost...
As ever, it is a pleasure to serve with you in the Chair, Dame Siobhain. I thank the hon. Member for Hornsey and Friern Barnet (Catherine West) for securing the debate.
For many people across the country, rising food prices are one of the most concrete ways in which the cost...