The Economy Debate

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Department: HM Treasury

The Economy

Ruth George Excerpts
Thursday 24th October 2019

(5 years, 2 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The hon. Lady was a fan of “Jackanory”; now I know why she joined the Labour party. It is all fitting into place.

On that point, some Members may point to the economic analysis, as the hon. Lady has, that was published by the Government in November of last year, but that document looks at the possible economic impact of a generic average free trade agreement; it does not represent the ambitious free trade agreement that we have agreed. We have agreed with the EU that both parties will have a deep, best-in-class free trade agreement that is far more ambitious on things like data exchange, tariffs, energy and financial services, and none of those benefits are captured in the Government’s previous modelling. So it is clear that what we need to do is this: end the dither and delay and move forward as a country.

Ruth George Portrait Ruth George (High Peak) (Lab)
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The Chancellor said that the economic prosperity has been delivered by the hard work of the British people. Does he agree that that is the 14 million people who are now in poverty and the 4.5 million children who are living in poverty, and why is his Queen’s Speech silent on how to lift those people out of poverty and end what he calls their hard work?

Sajid Javid Portrait Sajid Javid
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I would think that, being a member of a party that is called the Labour party, the hon. Lady would understand that the best way out of poverty for anyone is a growing economy that creates jobs. Since 2010, there are over 1 million fewer workless households—a record low—there are 730,000 fewer children living in workless households, also a record low, and there are 50,000 fewer households where no member has ever worked.