Economy: Growth Debate

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Lord Soley

Main Page: Lord Soley (Labour - Life peer)

Economy: Growth

Lord Soley Excerpts
Wednesday 18th July 2012

(12 years, 5 months ago)

Lords Chamber
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Lord De Mauley Portrait Lord De Mauley
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My Lords, my right honourable friend the Secretary of State for Business thinks of little else.

Lord Soley Portrait Lord Soley
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My Lords—

Lord Soley Portrait Lord Soley
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Given that the IMF has downgraded our growth forecast from 0.8% to 0.2%—the lowest for any major economic power—will the Minister give his very full support to the Chancellor of the Exchequer, who would like to allow more private sector investment, specifically for the expansion of Heathrow? Will the Minister confirm his support for the Chancellor on that issue?