Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Helen Goodman Excerpts
Tuesday 8th February 2011

(13 years, 9 months ago)

Commons Chamber
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Justine Greening Portrait Justine Greening
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Yes, I can, and of course my hon. Friend is not the only person to hold that view. The secretary-general of the OECD said only last week that Britain needed to “stay the course”. He realises, as did the Bank of England Governor Mervyn King when he talked about our deficit as being “clearly unsustainable”, that if we had not set out a credible plan and got a grip on our public finances to tackle the deficit, we would have run the risk of an even sharper fiscal tightening later down the road, a loss of confidence and higher interest rates in future.

Helen Goodman Portrait Helen Goodman (Bishop Auckland) (Lab)
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It costs £150 to give a person debt advice, and it costs £50,000 to rehouse a family. Will the Economic Secretary explain why Treasury Ministers are cutting the funds to citizens advice bureaux to provide such advice, and why that is a good way to cut the debt?

Justine Greening Portrait Justine Greening
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We are looking at ways in which we can ensure that people still get the debt advice that they need, and of course a lot of the grants are provided by local authorities. There is no point in Opposition Members talking about debt, because it was their party that created the problem in the first place.