Lord Walney
Main Page: Lord Walney (Crossbench - Life peer)Department Debates - View all Lord Walney's debates with the HM Treasury
(14 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
Ireland had over-leveraged banks, and they were poorly regulated. We are all picking up the pieces of something similar in the UK.
John Woodcock (Barrow and Furness) (Lab/Co-op)
Given the stark consequences of Ireland’s failure to grow, will the Chancellor assure the House that he has not downgraded his commitment to a White Paper on growth in Britain?
Mr Osborne
I am absolutely committed to setting out our growth policies—[Interruption.] Perhaps I could make the observation that I did not think that today, given the other things that are going on, would be a particularly good day for the House to discuss an economic paper from the Government. I thought it better to take the time to explain what is happening in Ireland and what we are doing to assist it.