(10 years ago)
Commons ChamberIs it not the case that Labour promised to spend the bankers bonus tax no fewer than 10 times over?
My hon. Friend’s point tells us everything we need to know about the economics of the Labour party.
We believe in a recovery that works for the many, and there are three ways of putting that recovery in place. First, we create the right macro-economic conditions. Cutting the deficit, restoring public spending to sustainable levels, ending the culture of Government excess—which the Labour party knows quite a bit about—securing inward investment, building, manufacturing, exporting and securing our place in the world are all key, and we are doing those things.