Lord Hanson of Flint
Main Page: Lord Hanson of Flint (Labour - Life peer)Department Debates - View all Lord Hanson of Flint's debates with the Cabinet Office
(14 years, 1 month ago)
Commons ChamberMy hon. Friend will not be surprised to hear that I entirely agree with those sentiments. I am pleased to say that these are matters for the Executive. However, I understand that, in his capacity as Minister for Finance and Personnel, the hon. Member for East Antrim (Sammy Wilson), who is present—at least, he certainly was earlier—will meet my right hon. Friends the Secretary of State and the Chief Secretary to the Treasury later today, along with representatives of the devolved Administrations in Scotland and Wales, to discuss financial matters, including the forthcoming spending review.
It is, perhaps, worth my adding that I echo the views of the hon. Member for East Antrim, who has said:
“In some quarters, there appears to be an unwillingness to address the serious financial questions that are being posed. Let us be clear: we cannot dodge difficult decisions in formulating a new Budget. Delaying the Budget process until next spring is not an option.”
That is the way in which to proceed.
What assessment has the Minister made of the impact of deep public spending cuts in the Northern Ireland Executive budget, not only for the public sector but for the private sector, which depends on many of the contracts that are let? What assessment has he made of the impact of the VAT rise on the ability of the Northern Ireland economy to escape from the recession?