Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tom Blenkinsop Excerpts
Tuesday 28th January 2014

(10 years, 4 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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It sounds very tough, campaigning in Hereford.

I thank my hon. Friend for bringing those businesses to the attention of the House, and congratulate him on the support that he has given to the economic policies that are helping them to grow. He is absolutely right: we must continue to support firms of that kind. High street shops, pubs, cafés and the like will, of course, benefit from the £1,000 rate relief which will be introduced this spring, and which will be a huge help to all—or most—of the businesses on the high streets of Hereford.

Tom Blenkinsop Portrait Tom Blenkinsop (Middlesbrough South and East Cleveland) (Lab)
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Average weekly gross pay in my constituency has fallen by 32.5% since 2010. Why?

George Osborne Portrait Mr Osborne
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The person who had the best answer to that question was the head of the Institute for Fiscal Studies, who said very clearly that the reason why the country was poorer was the very deep recession. He said that we have had the biggest recession in 100 years and that it would be astonishing if household incomes had not fallen and earnings had not fallen. This country is poorer because of the disastrous economic policies of the shadow Chancellor. It is under this Government that the economy is growing and jobs are being created, including jobs in the hon. Gentleman’s constituency.