Stephen Mosley
Main Page: Stephen Mosley (Conservative - City of Chester)Department Debates - View all Stephen Mosley's debates with the HM Treasury
(11 years, 2 months ago)
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Mr Osborne
Actually, the unemployment rate is lower today than when we came into office, and there are 1 million more people with jobs in the private sector than there were two years ago. Families want to know that the Government are determined to tackle the nation’s problems, to keep rates low, and to ensure that we provide the right environment for business. They have our assurance that we will do that.
Stephen Mosley (City of Chester) (Con)
One of the problems highlighted by the Moody’s downgrade was the sluggish nature of international growth. Will the Chancellor use the forthcoming G7 Finance Ministers meeting in May to argue for the reduction of barriers to international trade, to encourage other countries to keep on the path of lowering their own debt, and to try to ensure that we generate the international growth that will benefit all countries?
Mr Osborne
I agree with all the sentiments expressed by my hon. Friend. Of course, all countries in the western world are confronting their debt problems. When it comes to trade, one of the big initiatives we need to pursue in the next couple of years, principally through G8 leaders rather than the G7 Finance Ministers, is the possibility of a free trade agreement with the United States. It was encouraging that the President mentioned that in his inauguration speech. That is one objective, alongside EU free trade agreements with India and Japan, that we should pursue in the coming months.