Oral Answers to Questions

Julian Smith Excerpts

Wednesday 26th February 2014 Commons Chamber

[The Prime Minister]

First, may I commend the right hon. Lady for the extraordinary work she did in government and continues to do in opposition to help the survivors of terrorist attacks, particularly the dreadful attacks that took place in London? I have seen at first hand the experience and brilliant touch that she brings to this important work. I am very happy to have the meetings she discussed. The Foundation for Peace is a unique charity that does an extraordinary job in supporting victims and families. I will be discussing its future with my hon. Friend the Member for Warrington South (David Mowat) too. Obviously, we want to make sure that all these institutions can continue their excellent work. I am happy to hold those discussions with the right hon. Lady and, as I said, with my hon. Friend.

[Julian Smith (Skipton and Ripon) (Con)]

Q7. We all want to see a more balanced economy. Does the Prime Minister agree that today’s stonking upward rise in business investment of over 9% shows that British business and British entrepreneurs are really rising to this challenge?

[The Prime Minister]

My hon. Friend makes an important point. Right across this House, many experts have been saying that what we need is a balanced recovery—one that sees increases in exports as well as increases in consumption, and one that sees increases in investment from business. The uprating of the GDP figures showing an increase in exports, and, as he says, a very large increase in business investment, is hugely welcome for our country.