Clive Efford
Main Page: Clive Efford (Labour - Eltham and Chislehurst)Department Debates - View all Clive Efford's debates with the HM Treasury
(14 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Justine Greening
My hon. Friend makes a good point. If we are to get our economy back on track, particularly in areas such as that which she represents where there has been a growing imbalance and instability—and unsustainability as well—in the local economy, we must have a package of measures in place that can stimulate the private sector. I have set out some of those in terms of corporation tax, and my hon. Friend is right that the regional growth fund is another key investment fund that hopefully can help her area.
Clive Efford (Eltham) (Lab)
Should businesses in the south-east be concerned now that the Office for Budget Responsibility has made it clear to the Treasury Committee that the Budget increases the chances of a double-dip recession?