Diana Johnson
Main Page: Diana Johnson (Labour - Kingston upon Hull North)Department Debates - View all Diana Johnson's debates with the HM Treasury
(11 years, 2 months ago)
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Mr Osborne
I cannot believe that the hon. Gentleman waited an hour and four minutes to read us the Whips’ handout again. As I have said, perhaps the Labour party will circulate its alternative economic policy, so that we can have a real debate about it in the House.
Diana Johnson (Kingston upon Hull North) (Lab)
Given the loss of 1,000 private sector jobs in the Hull area over the last couple of months, and the 15,000 people who are looking for work, does the Chancellor think that the downgrading will help or hinder the economic recovery of the Humber?
Mr Osborne
What will help the economic recovery of the Humber are, first of all, the low interest rates, which, as I said earlier, are tested every day out there in the bond market. In addition, however, we have opened new enterprise zones in east Yorkshire, we have cut the bridge tolls on the Humber bridge—which I would have hoped that the hon. Lady would welcome—and we have invested in new road projects in and around the area, which had been demanded for years.