Business of the House

Kevin Brennan Excerpts

Thursday 1st March 2012 Commons Chamber

[Sir George Young]

My hon. Friend brings to the House’s attention the benefits of low interest rates to business and households. Those low interest rates would be put at risk if we listened to some of the siren voices in the Opposition, who want to push up the budget deficit. When we have the Budget later this month, there will be an opportunity to debate the issues that my hon. Friend mentioned. Speaking from memory, every 1% increase in interest has an impact of about £1,000 a year on the average mortgage. That puts the matter in context.

[Kevin Brennan (Cardiff West) (Lab)]

On this St David’s day, it is appropriate for us to remember the Welsh troops who were killed tragically and injured terribly during the Falklands war. Was the Leader of the House as surprised as I was that the Prime Minister’s spokesman this week said that the Government took no position on the news that the Argentine Olympic team will include a Malvinas logo on their Olympic kit? May we have a statement to clarify the Government’s position?

[Sir George Young]

Of course I would understand the concern were that to happen. That may be a matter for the London Organising Committee of the Olympic Games and Paralympic Games, which is in charge of the Olympic games. I will draw the hon. Gentleman’s concern to the attention of Lord Coe and see whether any steps need to be taken to ensure that no inappropriate logos are on display during the Olympics.