(10 years, 7 months ago)
Commons ChamberThe statistics for the hon. Lady’s constituency show that unemployment is down 20%, youth unemployment is down 20% and long-term unemployment is down 20%. In the west midlands, during the boom years—the unsustainable boom—private sector employment actually fell. That points to what went wrong with the previous Government—they put all the bets on the City of London, the shadow Chancellor did not regulate it properly, it blew up and we are now retrieving the situation that he created.
In Rossendale and Darwen, the majority of our large employers are in the construction and manufacturing sectors. People want not just new jobs, but security and stability in those jobs. Will my right hon. Friend confirm that the latest figures show that those two sectors are growing at their fastest rate for 10 years?
My hon. Friend, who so ably represents his constituency, is absolutely right that in his constituency, manufacturing is doing better. That is because, in the Budget, we introduced a package of measures to support manufacturing and, above all, through the long-term economic plan, we are providing the economic stability that allows for investment in construction. I have every confidence that, when he takes that argument to the British people, he will see off the red princeling who is standing against him.
(11 years, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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We are dealing with the problems that we inherited. Given the situation that we inherited, I think we can say, “Things can only get better”.
At the export for growth summit in east Lancashire, I spoke to world-class engineering businesses that are interested in borrowing to invest in their businesses so that they can grow and sell to the global market. Will the Chancellor confirm that he will stick to his plan and keep interest rates at a record low so that we can create more jobs in east Lancashire?
My hon. Friend is a powerful champion of businesses in his constituency and has spoken to me about what they need. He is absolutely right. Of course we want to get credit to businesses that want to expand and take people on. That is why we run the funding for lending scheme with the Bank of England. We have also provided additional annual investment allowances in the way that I have just set out. The reaction of business organisations to the news of the last couple of days has been striking: they have absolutely supported the Government’s determination to deal with our debts.
(13 years, 1 month ago)
Commons ChamberThe Chief Secretary will shortly set out the full details of our pension offer to the public sector. When people see it, they will see that it is fair to the public sector—people in the public sector will get a much more generous pension than is available in almost any part of the private sector—but it is also fair to the taxpayers. It is, of course, based on the work of John Hutton, a former Labour Pensions Secretary.
T3. Labour-controlled Blackburn with Darwen council has abandoned pensioners and schoolchildren in my constituency because of a £10,000 bus cut, but it can still find £94,500 to fund trade union officials. Does my right hon. Friend think it is right that the taxpayer picks up the tab for trade union officials?
In central Government we have announced that we are reducing the facility time, as it is called, in the civil service because we do not think it is fair that taxpayers should be paying for so many full-time trade union officials. Obviously, it is up to Blackburn with Darwen council to decide how it spends its council tax payers’ money, but from what my hon. Friend is telling me, it does not look as if the council is spending it particularly well.
(13 years, 2 months ago)
Commons ChamberThere is greater recognition in other European member states that we need to make the European continent more competitive, and the pamphlet that we sponsored on making Europe more competitive, which the Prime Minister presented at the European Council, was endorsed by a number of other member states.
International media, particularly in the USA, are beginning to say that it is a matter of when, not if, Greece defaults on her sovereign debt and leaves the euro. If “I told you so” is not the basis of a good economic policy, what credible and mature plans do we have to deal with the Greek default?