Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Peter Bone Excerpts
Tuesday 5th November 2013

(11 years, 1 month ago)

Commons Chamber
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George Osborne Portrait Mr George Osborne
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The best approach to lifting children out of poverty is to ensure that they live in working households. We now have the lowest number of workless households since records began, which is due to the achievements of my right hon. Friend the Secretary of State for Work and Pensions, and of the economic plan that is getting the parents of children into work.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Given that the cost of the EU will double in this Parliament, and the huge current account deficit with the EU, does the Chancellor agree that our current economic relationship with the EU is wrong and that we should renegotiate?

George Osborne Portrait Mr Osborne
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I certainly agree that we need to reform the European Union so that our entire continent is not priced out of the global economy. We must also make reforms to the European Union, and Britain’s relationship with it, so that British businesses can thrive, compete and create jobs. I point out to my hon. Friend—he knows this anyway—that the cost of the European Union would have been much higher if my right hon. Friend the Prime Minister had not secured a very good deal. [Interruption.] The right hon. Member for Morley and Outwood (Ed Balls) says, “We did it,” but Labour gave up the rebate. The Prime Minister went to the EU battling for Britain and delivered for Britain.