Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Alison McGovern Excerpts
Tuesday 18th July 2017

(7 years, 3 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Elizabeth Truss Portrait The Chief Secretary to the Treasury (Elizabeth Truss)
- Hansard - - - Excerpts

As the Labour party admits, cancelling student debt would cost £100 billion. The Opposition made that reckless promise, which would see the debt soar, during the election campaign, but now they say it is just an “ambition”. Are they going to say sorry to the people they made their promise to, and are they going to say sorry to the British public for threatening to bankrupt the economy?

Alison McGovern Portrait Alison McGovern (Wirral South) (Lab)
- Hansard - -

Further to the questions asked by my hon. Friends the Members for Wakefield (Mary Creagh) and for Lewisham East (Heidi Alexander), will the Chancellor confirm, as he failed to do before, that the cost to us of Brexit will be as described by my hon. Friends some moments ago?

Lord Hammond of Runnymede Portrait Mr Philip Hammond
- Hansard - - - Excerpts

The hon. Lady, I think, knows that there can be no definitive answer to that question. We do not yet know what the form of our agreement with the European Union will be and we do not yet know what arrangements will be in place for any kind of interim or transition period, so she is speculating. What I can tell her is that the Government are 100% focused on getting the best deal for Britain and delivering it in a way that protects British business and British jobs.