Oral Answers to Questions

Debate between Seema Malhotra and George Osborne
Tuesday 2nd September 2014

(9 years, 9 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I very much agree with my hon. Friend. The university technical colleges have been a real boost to technical education in our education system, and I know that there are ambitious proposals in Leeds. Indeed, I think, from memory, that one has just been given the go-ahead in Leeds. But I would also say that the apprenticeship scheme has been very successful. Working with myself and the Business Secretary, more than 2 million apprenticeships have been provided. We want to see more of those provided, so that young people have the skills to take the opportunities that the economy is now providing them.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
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Does the Chancellor regret that under his watch the number of young people staying on jobseeker’s allowance for more than 12 months has risen by more than 46%? Is it not now time for Labour’s compulsory jobs guarantee to ensure that young people are not left behind?

George Osborne Portrait Mr Osborne
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Interestingly, a lot of Labour MPs have regularly asked about long-term youth unemployment during Treasury questions over the past couple of years. I bring that up because the hon. Lady asks about this, but long-term youth unemployment is now lower than it was when this Government came to office. We heard a lot of complaints about long-term youth unemployment over the past two years, so let us have some Labour Members congratulating the Government now.

Autumn Statement

Debate between Seema Malhotra and George Osborne
Thursday 5th December 2013

(10 years, 6 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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Britain is very much open for business. We are now the destination for a huge amount of investment from around the world, and we have some very important ports, one of which in particular depends on the A14. That is an important strategic link. We have listened to representations from local people concerned about the prospect of tolling an existing road, albeit an improved one, and we will ensure that the road is improved, not just for local people, but for the whole country, but without imposing a road toll.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
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Evidence from Citizens Advice showed that last year citizens advice bureaux received 92,000 inquiries about fuel debt and 81,000 about water debt and that the four months to June this year saw a 78% rise in the number of people inquiring about food banks. Does the Chancellor agree that, with families on average £1,600 a year worse off, this is an unbalanced recovery, and does he regret that the UK has suffered the second-biggest fall in wages of any G20 country since this Government came to office?

George Osborne Portrait Mr Osborne
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We had one of the deepest recessions and the highest budget deficit of any country in the G20. We have been recovering from that situation, which this Government inherited, increasing the number of jobs in the hon. Lady’s constituency and ensuring opportunities for people to go to university or find apprenticeships and for those without skills to get good training. These are the things we are doing to clear up the mess that her party left behind.

Spending Review

Debate between Seema Malhotra and George Osborne
Wednesday 26th June 2013

(10 years, 12 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is right: one of the central principles is that we can deliver more for less. Ultimately, we should not have to choose between public services we can afford and public services that deliver for people. We need both.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
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Is it true that, according to figures on page 11 of the spending review document, the Chancellor is cutting capital infrastructure spending by 1.7% in 2015-16 compared with 2014-15?

George Osborne Portrait Mr Osborne
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We are maintaining capital investment at £50 billion.

Professional Standards in the Banking Industry

Debate between Seema Malhotra and George Osborne
Thursday 5th July 2012

(11 years, 11 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I will give way in a moment, when I have made my arguments about the public inquiry.

Secondly, judge-led public inquiries take an incredibly long time to conclude. I shall set out my evidence. In the motion, the Opposition want an inquiry established under the Inquiries Act 2005. There have been 14 inquiries under that Act, seven of which are still ongoing or have not been published because of criminal proceedings—remember, as we hear, there could be criminal proceedings in this case—and one of which was set up seven years ago and still has not been published.

The shortest inquiry established at the outset under the Act—into the tragic loss of life following the explosion at the ICL Plastics factory in Glasgow—took one year and five months. No other inquiry established from the outset under the Act has taken less than two years. Frankly, the idea that a widespread judge-led public inquiry into the culture and professional standards in Britain’s largest industry would take place much quicker than a public inquiry into an explosion at a plastics factory in Glasgow is fanciful. It leads me to believe that the Labour party wants to put off the moment when we actually investigate what happened.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
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The Hutton inquiry opened in August 2003 and reported in January 2004. Why does the Chancellor claim that an independent judicial inquiry would take too long?

George Osborne Portrait Mr Osborne
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The motion talks about an inquiry under the Inquiries Act, but all the inquiries that have taken place under that Act have taken longer than one year, and the only one that took less than two years was into the tragic explosion at the plastics factory in Glasgow. The idea, then, that we could have a full public judge-led inquiry, while criminal prosecutions are taking place, and that it could conclude inside 12 months is completely fanciful—and the Labour party knows it. And by the way—[Interruption.] Calm down. That presents the House with a serious decision, because if we do not have the results of a broader inquiry, we will not be able to amend the banking Bill, when it is introduced into Parliament next January, in order to change the law and adopt the conclusions of the inquiry. We have one of two choices, then. We can either delay the inquiry—[Hon. Members: “Hooray!] We can either delay the introduction of the Vickers Bill or, as I say, we will not be able to amend it in this Parliament.