Jonathan Ashworth
Main Page: Jonathan Ashworth (Labour (Co-op) - Leicester South)Department Debates - View all Jonathan Ashworth's debates with the HM Treasury
(12 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Speaker
We look forward to hearing about the dates for the diggers, as I am sure do the people of Kettering.
Jonathan Ashworth (Leicester South) (Lab)
May I push the Chancellor a little further on borrowing, because so far in the exchanges he has not quite brought himself to admit that he is going to be borrowing £158 billion more than he planned to borrow a year ago? Will he confirm that that is the case—yes or no?
Mr Osborne
I set out the borrowing figures to Parliament and what the hon. Gentleman should admit is that the plan he is pursuing would add to the borrowing. We cannot borrow our way out of a debt crisis, and as long as the Labour party goes on advocating that approach, I suspect that its credibility will fall and fall.