Latest Politics: Starmer interrupted during pointed first exchange with 'super committee' | political news

The first topic the committee asks the Prime Minister about is the economy, with Liaison Committee chair Dame Meg Hillier starting by asking how he plans to achieve growth.

Sir Keir Starmer said low growth had persisted for just over a decade and the situation needed to be turned around. But when he mentions the 22 billion black hole, Dame Meg says “we know everything” and asks what his plan is. .

'I think it will take some time'

The main initiative is to stabilize public finances, followed by reforms to planning and regulation.

“Planning is one of the key issues. If we don't change that, we're not going to get the growth we need,” he said, adding that the regulatory framework needs to be equalized across the board.

Asked when households would see change, he pointed to the National Living Wage increase and public sector benefits announced in the Budget as examples of improvements that have already been implemented.

More broadly, the Prime Minister said: “Of course it will take some time. I think one of the biggest mistakes over the last 14 years has been to think that everything could be resolved by Christmas. That cannot be done.”

Prime Minister 'wants to go further' than expected

Mrs Meg asks why the government is so confident it can achieve growth when forecasters disagree. He claims that growth is indeed what is predicted, but that he wants it to “go even faster.”

Relaxing planning rules and expanding regulation could bring about change as well as private investment.

Asked how much of the $68 billion investment was announced at last October's summit, the Prime Minister said “a lot of it is new” but insisted the day's commitments were made as a result of the government's actions to date.

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