Economic Governance (EU) Debate

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Department: HM Treasury

Jacob Rees-Mogg

Main Page: Jacob Rees-Mogg (Conservative - North East Somerset)

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Speaker’s Statement

Economic Governance (EU)

Jacob Rees-Mogg Excerpts

Afghanistan
Wednesday 27th October 2010

(14 years ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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The right hon. Gentleman needs to remember that we voted against the budget increase in Council. We have taken a tough line, not only by arguing against it but by voting against it as well.

Jacob Rees-Mogg Portrait Jacob Rees-Mogg (North East Somerset) (Con)
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The Minister has drawn our attention to paragraph 18 of the report. I am curious about paragraph 16, which refers to “New reputational and political measures”, including the threat of “enhanced surveillance”. Would the British fiscal position be subject to enhanced surveillance in certain circumstances, and what would that mean?

Mark Hoban Portrait Mr Hoban
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I take the view that the measures that my right hon. Friend the Chancellor has announced in relation to strengthening the fiscal framework, and the consolidation that he announced last week, will ensure that we will not be subject to any surveillance whatever.

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