Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is right that we are on the right track. We are making progress. To turn back would be a complete disaster. I congratulate him on speaking on behalf of the businesses that he represents. He has asked me what we can do on capital allowances for plant and machinery and on business rates for small businesses. I hope he can see in the announcements that we made today that we have been listening to him and to the people in his constituency.

Debbie Abrahams Portrait Debbie Abrahams (Oldham East and Saddleworth) (Lab)
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Can the Chancellor confirm not only that growth has been downgraded yet again and the welfare bill is rising, but that child poverty and the number of working families living in poverty is increasing? This is happening at the same time as millionaires are getting their tax cuts. Is this fair? Are we really all in it together?