Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Clive Efford Excerpts
Tuesday 13th July 2010

(13 years, 10 months ago)

Commons Chamber
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Justine Greening Portrait Justine Greening
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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 Portrait Clive Efford (Eltham) (Lab)
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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?