Geraint Davies
Main Page: Geraint Davies (Independent - Swansea West)Department Debates - View all Geraint Davies's debates with the Northern Ireland Office
(11 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
I am delighted with the news about the number of apprenticeships in Cornwall. The Government have made a major financial commitment to funding apprenticeships. That is making a difference, but there is far further to go in tackling youth unemployment and worklessness among people between the ages of 16 and 24. I am always happy to meet the hon. Gentleman. Perhaps a suitable moment might be when I am in Cornwall.
Geraint Davies (Swansea West) (Lab/Co-op)
House prices are going up at a time when real wages are going down. Does the Prime Minister accept that when interest rates go up after the election, it will detonate a sub-prime debt crisis of his making?
The Prime Minister
The greatest danger in terms of interest rates would be to have a Government who believed in more borrowing, more spending and more taxing. That is what would drive up interest rates, that is what would hit the cost of living and that is what every family in this country should dread.