Kirsten Oswald
Main Page: Kirsten Oswald (Scottish National Party - East Renfrewshire)Department Debates - View all Kirsten Oswald's debates with the HM Treasury
Economic Update
Kirsten Oswald Excerpts(2 years, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Madam Deputy Speaker (Dame Eleanor Laing)
I call Brendan O’Hara. [Interruption.] The hon. Gentleman disappeared before my very eyes. I call Ronnie Cowan. [Hon. Members: “He is not here either.”] Fine—they are falling like ninepins. Goodness me, we had better try something different. I call Kirsten Oswald.
Kirsten Oswald (East Renfrewshire) (SNP)
Thank you, Madam Deputy Speaker. It has been reported that No. 10 was briefing that the Chancellor’s statement was due to unspecified global headwinds, rather than the mini-Budget, but the former deputy governor of the Bank of England, Charles Bean, disagreed and said that the Prime Minister’s insistence that the UK’s economic turmoil was part of a global phenomenon was “disingenuous”. To be clear, what does the Chancellor believe has happened? Who does he agree with? Who does he think is responsible for the terrible financial thumping that now affects my constituents?
Jeremy Hunt
I do not think I could have been clearer in my statement. I said that the turmoil we have had is the result of international and domestic factors.