Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Claire Perry Excerpts
Tuesday 6th September 2011

(13 years, 3 months ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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It has been very clear, listening to all the international commentators talking about what is happening in the UK economy, that their advice has been to stick to the course and stick to plan A. That is the action that this Government are committed to—[Interruption.] This is interesting. We have one plan; the previous Government seemed to have more plans than they knew what to do with, and that is why they lost their credibility.

Claire Perry Portrait Claire Perry (Devizes) (Con)
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What does the Minister think is more likely to encourage growth: cuts in corporation tax or the increases in national insurance that Labour was proposing?

Mark Hoban Portrait Mr Hoban
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In our first Budget we were able to reduce corporation tax and set out a clear path to reduce it over the lifetime of this Parliament. We were also able to reverse Labour’s damaging jobs tax.