Oral Answers to Questions

Debate between George Osborne and Karl McCartney

Wednesday 9th December 2015 Commons Chamber

[Mr Osborne]

We all enjoy a great British curry, but we want the curry chefs to be trained in Britain so that we can provide jobs for people here in this country. That is what our immigration controls provide.

[Karl MᶜCartney (Lincoln) (Con)]

Q12. My right hon. Friend is well aware, from my repeated representations to him and his colleagues, of the need for a southern relief road and eastern bypass for Lincoln, which have been delayed by bureaucracy for nearly 100 years. He and his Government colleagues are well acquainted with the need to drive growth and local economic wellbeing by utilising appropriate infrastructure improvements to fuel the midlands engine. What would he say to my constituents, should he visit the beautiful city of Lincoln, other than to tell them that any new road is eventually better than no road?

[Mr Osborne]

I congratulate my hon. Friend on securing £50 million of extra funding for Lincoln and ensuring that a bypass will go ahead. I have spoken to him. I know he has concerns that the bypass will not be big enough and that it should be a dual-lane bypass. Let us continue to have those conversations. We both need to ensure that local authorities agree with his assessment, and I am happy to help him with that task.

Oral Answers to Questions

Debate between George Osborne and Karl McCartney

Tuesday 8th February 2011 Commons Chamber

[Mr Osborne]

The right hon. Gentleman clearly had a lot of time to prepare that, but I am not sure it all came out as he expected. We have had to deal with his economic legacy and he is running away from his past. He was the City Minister who knighted Fred Goodwin. He is the economic adviser whose fiscal policy has led to fiscal disaster. He is the leadership candidate who, for reasons of political positioning, denies the deficit. The truth is this: we have a plan to clear up his mess. He has no plan at all.

[Karl MᶜCartney (Lincoln) (Con)]

2. What progress he has made in reforming the tripartite system of financial regulation.

--- Later in debate ---

[Karl MᶜCartney]

Does my right hon. Friend regret the fact that the system of financial regulation, which was drawn up by the right hon. Member for Morley and Outwood (Ed Balls), failed to prevent the greatest financial crisis in our country in living memory?

[Mr Osborne]

Of course I regret it, because we are all having to deal with the consequences. We still do not know—the legislation will come before the House of Commons—whether the Opposition support changing the system of regulation that was established by the right hon. Member for Morley and Outwood (Ed Balls) in 1997. I guess we will find out. The Government are clear—we must fix the system of regulation that went so badly wrong, and we believe that giving the Bank of England the lead responsibility on that will help.