Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Graham P Jones Excerpts
Wednesday 9th October 2013

(11 years, 2 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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The Post Office card account has been a great bonus for many people. I think it has really helped not only our post offices, but particularly elderly people who have access to those sorts of accounts, and I will look very carefully at what my hon. Friend says.

Graham P Jones Portrait Graham Jones (Hyndburn) (Lab)
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Q2. Why is market intervention by the state in mortgages okay, but market intervention in the energy market is not?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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We are intervening in the mortgage market because banks are failing to provide mortgages so young people can get on to the housing ladder. We are also intervening by putting everyone on the lowest energy tariff, but what the Leader of the Opposition cannot control, although he would like to, is international gas prices. He needs a basic lesson in economics, and it sounds like the hon. Gentleman does, too.