Keir Starmer to face PMQs as chancellor announces economy 'action plan'

Sir Keir criticised the 'morass of regulation that effectively bans billions of pounds' of investment.

Keir Starmer will take questions from the opposition following a speech on economic growth by chancellor Rachel Reeves.

Reeves will say that Britain has been “held back” and “accepted stagnation” in the major economic speech.

She will also set out policies on Wednesday to encourage economic growth, and hail the region around Oxford and Cambridge as having “the potential to be Europe’s Silicon Valley”.

Writing in The Times, Sir Keir criticised the “morass of regulation that effectively bans billions of pounds” of investment, describing “thickets of red tape” that have “spread through the British economy like Japanese knotweed”.

He said ministers will “kick down the barriers to building, clear out the regulatory weeds and allow a new era of British growth to bloom”.

It comes as Ms Reeves and Sir Keir suggested to business leaders that Cabinet colleagues have been ordered to ditch policies which could stand in the way of their efforts to grow the economy.

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