Government Spending Cuts Debate

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Department: HM Treasury

Government Spending Cuts

Kevin Barron Excerpts
Wednesday 26th May 2010

(14 years, 6 months ago)

Commons Chamber
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David Laws Portrait Mr Laws
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My hon. Friend makes a very good point. He will also be aware that some of these funds are going to be used to avoid part of the tax on jobs that the previous Administration were intent on, and that will help to preserve employment in this country.

Kevin Barron Portrait Mr Kevin Barron (Rother Valley) (Lab)
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Could the right hon. Gentleman tell the House what is fair about cutting the future jobs fund, which was aimed at helping 8,000 young unemployed people in Yorkshire and Humberside? Would he personally be happy to see youth unemployment rise to the levels that we saw in the recession of the early 1990s?

David Laws Portrait Mr Laws
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Of course we would not, but I have to tell the right hon. Gentleman that the policy that we set has to be informed by the facts, and the facts and advice that we had from the Department for Work and Pensions about the future jobs fund suggested that it was simply not effective and that the money was wasted. We have a £156 billion deficit to deal with, and if we did not tackle the wasteful expenditure we would have to make cuts in the areas that matter. I repeat the point that I made to the right hon. Member for Don Valley (Caroline Flint) a moment ago: we are reinvesting money in apprenticeships, which will make a real difference to many of the young people about whom the right hon. Gentleman cares.