Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Ian Murray Excerpts
Tuesday 22nd March 2011

(13 years, 9 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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At that meeting at Rolls-Royce, John Rose made a very compelling case for how little we had done as a country to support our manufacturing sector. We will set out policies tomorrow to assist, and we have already, as I said, put in place four annual reductions in the corporation tax. More broadly, we have to get away from a model of growth that was pursued over the last decade—based on excessive debt, and growth in one sector, the City of London, in one corner of the country, the south-east. We must have more balanced and sustainable growth in the future.

Ian Murray Portrait Ian Murray (Edinburgh South) (Lab)
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Does the Chancellor of the Exchequer recall saying at the end of 2007:

“Today I can confirm for the first time that a Conservative Government will adopt these”—

Labour’s—

“spending totals…to…the year 2010-11”?

Does he regret calling the article, “Tories cutting services? That’s a pack of lies”?

George Osborne Portrait Mr Osborne
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We got into office in 2010-11, and we abandoned those spending plans for the years ahead.