Oral Answers to Questions

Jim Cunningham Excerpts

Wednesday 13th February 2013 Commons Chamber

[The Prime Minister]

First, I would like to confirm that my right hon. Friend was not only alive in the 1930s but was, as now, absolutely thriving. What he says is important: no one wants to see a string of competitive devaluations. What happened to sterling as a result of the very deep recession here obviously was a depreciation. I do not believe that we can depreciate our way to growth, whatever country we are, but what we should do is use the benefit when there is a structural change to make sure we increase our competitiveness. That is what Britain needs to do.

[Mr Jim Cunningham (Coventry South) (Lab)]

Q10. The Prime Minister cannot have it both ways on care for elderly—with delivery and quality going on at the same time as council cuts. In Coventry, for example, an extra £28 million has to be cut from the budget—for Birmingham, the figure is £600 million—with nearly 1,000 jobs being lost over a period of two or three years. May we have a fair deal for the elderly, a fair deal for Coventry and a fair deal for the west midlands?

[The Prime Minister]

At the start of this Government in 2010 when we made the decision not to cut the NHS, we put NHS money into adult social care in local government because we recognised the importance of that budget. I would argue, too, that this week’s move to cap social care costs, while of course not solving the whole problem, was important. By creating a cap on what people will be charged, we can create an insurance market so that everyone can try to protect themselves against the long-term costs of social care. That should see more money coming into this absolutely vital area.