Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Steve Barclay Excerpts
Tuesday 21st June 2011

(13 years, 6 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I blame the Labour Government. During the election campaign, the Labour Home Secretary said publicly on television that police numbers would have to be cut if Labour was re-elected.

Steve Barclay Portrait Stephen Barclay (North East Cambridgeshire) (Con)
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T3. What assessment has my right hon. Friend made of the cost to the public finances of an emergency cut in VAT and the disastrous impact that would have on debt interest?

George Osborne Portrait Mr Osborne
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The estimate is £51 billion over this Parliament, which I guess is just another nail in the coffin of the shadow Chancellor’s economic credibility.