Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Paul Uppal Excerpts
Thursday 5th December 2013

(10 years, 11 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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First, I would have hoped that the hon. Lady would welcome the 15% fall in unemployment in her constituency. We want to make sure that people get better jobs, and the way to achieve that is to ensure that our businesses can expand and our country and economy can grow, thus also dealing with the scourge of youth unemployment. One thing noted by the hon. Lady’s predecessor as MP for South Shields, before he left to look after International Rescue in New York, was that youth unemployment was rising from 2004. Since then, however, it has gone down by 23% in her constituency. If we invest in apprenticeships, in higher education and people with low skills, we will be able to help her constituents and the next generation of her constituents.

Paul Uppal Portrait Paul Uppal (Wolverhampton South West) (Con)
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When I first came to this place, one issue I raised with my right hon. Friend was the importance of urging the Government always to take a long-term rather than a short-term view. In that spirit, does the Chancellor agree that the real and true economic measure of any Government—and of any future Government—is the economic legacy they bequeath to their children and grandchildren?

George Osborne Portrait Mr Osborne
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My hon. Friend puts it very well. We have great obligations to the current generation, but we also have obligations to the next generations. Saddling them with debts or with an uncompetitive economy or one where jobs are not being created is a complete dereliction of our duty to the next generation. Thankfully, with the help, support and advice of my hon. Friend, we are now turning that situation round, dealing with the debts and making sure our businesses grow. Because of my hon. Friend’s forceful campaign, we are also helping many shops in his Wolverhampton constituency.