Oral Answers to Questions

Debate between Nick Clegg and Tim Loughton

Tuesday 6th January 2015 Commons Chamber

[The Deputy Prime Minister]

I will tell you what I think is heartless and incompetent: going on a prawn cocktail charm offensive to the City of London in the run-up to the last election and allowing the banks to get away with blue murder. The banks blew up on the right hon. and learned Lady’s watch because they did not heed our warnings that they were getting up to irresponsible lending practices. I will tell you what is heartless: crashing the British economy and costing every household in this country £3,000. I will tell you what is heartless: giving tax cuts to very, very wealthy folk in the City and making their cleaners pay higher taxes through income tax. Come next April, we will have taken over 3 million people on low pay out of income tax—the majority of them women. That is fair; and it is something we did that she did not.

[Tim Loughton (East Worthing and Shoreham) (Con)]

T14. In his speech yesterday, the Deputy Prime Minister appeared to revive the spirit of “The Wizard of Oz” when he claimed that Lib Dems would put heart into the Conservatives and spine into Labour. As Deputy Prime Minister, does he see his role as Dorothy, in a dream world on the yellow brick road, the Wizard, who turns out to be all smoke and mirrors, or the Scarecrow, who needs a brain?

[The Deputy Prime Minister]

A well prepared and much—[Interruption.]