Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Chris White Excerpts
Tuesday 24th June 2014

(10 years, 4 months ago)

Commons Chamber
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Mark Harper Portrait Mr Mark Harper (Forest of Dean) (Con)
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1. What recent assessment he has made of the effect on the economy of the level of employment.

Chris White Portrait Chris White (Warwick and Leamington) (Con)
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12. What recent assessment he has made of the effect on the economy of the level of employment.

George Osborne Portrait The Chancellor of the Exchequer (Mr George Osborne)
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There are more people in work than ever before, with the latest figures showing the fastest increase in employment since records began. Today we have the very welcome news that Abu Dhabi will be investing £1 billion in building new houses in Manchester. That is a step towards it becoming the northern powerhouse I want to see, and it is a £1 billion vote of confidence in our long-term economic plan.

George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right, and I pay tribute to his contribution in making sure that the jobs that are being created in this recovery are jobs that British people have the skills and incentives to take. It is heartening that three-quarters of these jobs are going to UK citizens, as opposed to the truly staggering record of the last Government, when less than a quarter were taken by British citizens.

Chris White Portrait Chris White
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Is my right hon. Friend aware that there has been a 59.5% fall in the number of jobseeker’s allowance claimants in Warwick and Leamington since April 2010? Also, recent figures show that a record number of companies were formed in Leamington Spa in the first quarter of this year. Will the Chancellor pay tribute to the local council, local chambers of trade and commerce and the local businesses that have made this possible, and will he outline what more can be done to further increase support for businesses in increasing employment?

George Osborne Portrait Mr Osborne
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I certainly pay tribute to the local council and local businesses who have worked with the excellent Member of Parliament, my colleague—[Interruption.] Yes, my hon. Friend has done remarkable work in bringing down the number of people claiming JSA by 60% since this Government came to office, and of course we will go on supporting businesses locally with important infrastructure, with the employment allowance and with awards. As I am sure my hon. Friend will be aware, Dennis Eagle, one of the companies in his constituency, has just been awarded a grant under our advanced manufacturing supply chain initiative, so we are backing manufacturing in the midlands, and backing his constituents all the way.