G20 Summit Debate

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Department: Cabinet Office

G20 Summit

Jonathan Ashworth Excerpts
Monday 25th June 2012

(12 years, 6 months ago)

Commons Chamber
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Jonathan Ashworth Portrait Jonathan Ashworth (Leicester South) (Lab)
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Did not the G20 communiqué argue that advanced economies should pursue fiscal consolidation at a pace appropriate to support recovery? Why, then, is the Prime Minister pursuing fiscal consolidation at a pace that has contributed to a double-dip recession?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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We are pursuing fiscal consolidation at a pace that is right for the British economy, which is why our interest rates are as low as they are.