Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Bridget Phillipson Excerpts
Tuesday 4th November 2014

(10 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right. I have been lucky enough to visit successful manufacturing businesses in his constituency with him and, indeed, to see the investment that as a result we are able to make in new hospitals in the west midlands. He of course makes the very strong point that if you increase business taxes—that is the official policy of the Labour party—in such a competitive world, you will destroy jobs, reduce revenues and not be able to fund good public services.

Bridget Phillipson Portrait Bridget Phillipson (Houghton and Sunderland South) (Lab)
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T5. Will the Chancellor, as the self-styled champion of the north, now look again at his early decisions and their impact, and will he commit to a fairer funding settlement for north-east councils?

George Osborne Portrait Mr Osborne
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The whole United Kingdom has had to make difficult decisions because we inherited a record budget deficit, but I am willing to work with councils in the north-east to see whether we can build on what we have achieved in Greater Manchester. There is real potential to do that and to make key investments in the infrastructure of the north-east. For example, I think there is a strong case for the A1 north of Newcastle to be dualled.