Lord Davies of Oldham
Main Page: Lord Davies of Oldham (Labour - Life peer)Department Debates - View all Lord Davies of Oldham's debates with the HM Treasury
(9 years, 9 months ago)
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Lord Newby
My Lords, it is far beyond my powers to cool the fevered brows opposite, but I repeat: we have been extremely successful in terms of private sector employment. Over 2 million additional private sector jobs have been created in this Parliament, which means that we now have more people employed in the UK than ever before, and the joint-highest rate of employment.
Lord Davies of Oldham (Lab)
My Lords, does the long-term economic plan, developed against a background where the Government have postponed the ability to eliminate the deficit, have as a constituent part no decision on the fundamental issue of aviation in terms of Heathrow or the third runway in the south-east? Does it also contain a commitment to continually run a low-wage economy and zero-hour contracts for an awful lot of the people who get new jobs?
Lord Newby
My Lords, growth in the UK this year is the highest in the G7. It will be, at worst, the second highest in the next year. Frankly, this is an economic position of which this Government are extremely proud.