Economic Policy Debate

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Department: HM Treasury

Economic Policy

Lord Mann Excerpts
Monday 25th February 2013

(11 years, 2 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is right about the credit default swap rate. As I have said, the credibility of our policies is tested every week when we have to borrow all this money to pay for Labour’s deficit, and we are borrowing it at record low rates.

Lord Mann Portrait John Mann (Bassetlaw) (Lab)
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Would not the honourable course be for the Chancellor to say at the next Cabinet meeting, “I’m going outside and I may be some time”?

George Osborne Portrait Mr Osborne
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The problem with the hon. Gentleman is that he is pretty free with his calls for people to go. The last person he called on to go was the shadow Chancellor.