Inflation was over 11% when I got this job. Inflation today is 4%, in common with the US, France and Germany. All countries have seen a mild tick-up in December, but the crucial thing is that inflation has been more than halved and delivered ahead of schedule. That is an enormous benefit to families up and down the country—a benefit that would be reversed by the Labour party’s plan to saddle them with £28 billion of tax rises.
I am a keen parkrunner in Walsall, but I am also part of the core team of volunteers that recently brought parkrun to Tamworth. In the 20th anniversary year of parkrun, will the Prime Minister join me in encouraging other towns that do not yet have a parkrun to get one?
It is great to hear that my hon. Friend is an avid parkrunner. I thank him for volunteering so that the people of Tamworth can enjoy one, too. I completely agree with him—when I had more time, I was a regular at the Northallerton parkrun, and the junior parkrun, which I recommend to those with children. It is a fantastic and accessible way to get people moving. I join him in encouraging everyone to get involved in his local area and beyond.
We are investing record sums to deliver not just 40 new hospitals across the country but 90 different hospital upgrades. The hon. Lady will be familiar with the plans at West Hertfordshire trust to develop a new emergency and specialty care facility at Watford General, including women’s and children’s services. It will make an enormous difference to residents in the area.
A recent BBC news article raised fears that Blyth could become a ghost town, as we see our shopping centre close, to be replaced by a new higher education facility. Residents are right to be concerned. I have personally seen decades of Labour neglect and decline in our town. This Conservative Government have invested hundreds of millions of pounds to level up my constituency, with spades in the ground as I speak. Will my right hon. Friend assure me that the rebirth of our towns will continue as a key focus of this Conservative Government?
My hon. Friend is absolutely right and I commend him for being such a strong advocate for Blyth. Nearly half the recent towns fund has been distributed to northern regions in England to level up constituencies like his. That is the difference. As he said, after years, if not decades, of neglect under the Labour party, it is this Government who are levelling up across our country.
I will ensure that the relevant Minister gets back to the hon. Gentleman with an update on the project. I am pleased that we are not just investing in that project in his area. Following on from the previous question, I know his area has received levelling-up funding worth £20 million to help transform the visitor economy in Gateshead—yet another example of the Government investing to level up across the north and across the country.