Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 29th April 2014

(10 years, 6 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The Labour Government left us the highest budget deficit in the peacetime history of this country. The numbers to which my hon. Friend refers assume that there are no savings in welfare. I have made it clear that I think we should consider savings in welfare. Of course, other parties, such as the Labour party, have put forward proposals to increase tax.

Nia Griffith Portrait Nia Griffith (Llanelli) (Lab)
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Given the great success of the Labour Welsh Government’s Jobs Growth Wales scheme, which is on target to help 16,000 young people into sustainable jobs, mostly in the private sector, will the Chancellor now commit to a similar UK-wide scheme funded by a repeat of Labour’s tax on bankers bonuses?

George Osborne Portrait Mr Osborne
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This week, the help to work scheme came into force, which is helping long-term unemployed people, providing them with more support and ensuring that those who need to sign on daily do so, and that those who need work experience and who need to be in work can take community jobs. We are reforming welfare, and that is part of the approach that we are taking to create jobs in this country by ensuring that work always pays.