Peter Bone
Main Page: Peter Bone (Independent - Wellingborough)Department Debates - View all Peter Bone's debates with the HM Treasury
(11 years, 7 months ago)
Commons ChamberI congratulate the Government—the Conservative-led coalition—on reducing the deficit, but of course all that is slowing the rate of growth in the debt. When does the Minister think we will get to a budget that is balanced?
My hon. Friend makes a good point about how we must tackle the record national debt that we inherited. It went up threefold during the 13 years of the previous Government’s time in power. When we set out the Budget forecast next week, my hon. Friend will get a good answer.
We will set out next week our response to the Heseltine review. Michael Heseltine has set out a compelling vision of how we can operate as a more decentralised country and empower our great cities. I was with him in Birmingham just the other day, with the Labour leader of Birmingham council, working on how Birmingham could set out a report and act as a test case for other cities.
In the past, Chancellors have had to resign if Budgets are leaked. Given what happened last year, will the Chief Secretary tell the House what measures he has put in place to ensure it does not happen again?
Of course I want to ensure that the House of Commons is the first to hear the Budget, just as it was the first to hear the appointment of the new Governor of the Bank of England.