Budget Resolutions and Economic Situation
Debate between Grahame Morris and Michael Ellis(11 years, 8 months ago)
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Grahame M. Morris
That is very kind. The hon. Gentleman has given a list of organisations that support the Chancellor’s Budget. I wonder whether he recognises this quotation from the North East chamber of commerce. Although it was pleased to see certain measures that coincided with its priorities, it said that the Chancellor had
“fallen short of providing the raft of measures that businesses and investors need in order to kick-start growth.”
Michael Ellis
The chambers of commerce have accepted that this is an excellent Budget. Of course there are issues that need to be addressed, but we are dealing with a dramatic deficit. Not everything can be done overnight.
The measures that we have taken on fuel duty mean that it will be £7 per tank cheaper to fill an average car, such as a Vauxhall Astra, than it would have been under Labour’s fuel duty plans. Under Labour, fuel duty went up dramatically. It was costing more and more. The Chancellor’s fuel duty cuts will have a dramatic effect on the cost of filling up the average car.
Measures are being taken across the board in very difficult times to improve the economic position that we inherited. All that Labour can do is whinge, whine, moan and be judgmental.