All 1 Debates between Mark Hoban and Desmond Swayne

Thu 3rd Nov 2011
Eurozone Crisis
Commons Chamber
(Urgent Question)

Eurozone Crisis

Debate between Mark Hoban and Desmond Swayne
Thursday 3rd November 2011

(13 years, 1 month ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

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Mark Hoban Portrait Mr Hoban
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There must be structural reforms to remove some of the barriers and blockages to growth, not just here in the UK but throughout the eurozone, and that is why we included a plan for growth in this year’s Budget. The Chancellor will return to those matters in the autumn statement. I note, incidentally, that every time we propose a measure that would help to improve job prospects by tackling regulation and red tape, it is opposed by the Labour party.

Desmond Swayne Portrait Mr Desmond Swayne (New Forest West) (Con)
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Given the interpretation that was placed on his words by the hon. Member for Rhondda (Chris Bryant), will the Financial Secretary confirm that this has nothing to do with a two-speed Europe, and that whatever the speed at which the eurozone hurtles towards fiscal integration, we will not be following it at any speed at all?

Mark Hoban Portrait Mr Hoban
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My right hon. Friend is absolutely right. We in the coalition Government have made clear our view that we do not want to be part of the euro, and therefore need not take part in any process of closer fiscal integration.