Business of the House Debate

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Department: Leader of the House

Business of the House

Tony Baldry Excerpts
Thursday 7th February 2013

(11 years, 9 months ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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I should be happy to ask my colleagues at the Department for Transport about the specific case that the hon. Lady has raised, but I think that, in general, it should be recognised that the coalition Government have achieved a £3.3 billion reduction in cumulative regulation costs since the election. One cannot wish for growth and at the same time continue, as the last Government did, with the constantly accumulating cost of regulation.

Tony Baldry Portrait Sir Tony Baldry (Banbury) (Con)
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Today’s report from the Institute for Fiscal Studies makes sobering reading. It emphasises the need to continue to control public spending. May we have a full day’s debate on the economy? Given that there are only about two years to go before the general election, and given that the Opposition have so far failed to support a single public spending cut or endorse a single welfare reform, the nation is entitled to be able to consider in some detail how both we and the Opposition are to address control of the nation’s public finances in a responsible manner.

Lord Lansley Portrait Mr Lansley
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We made an additional day available for a debate on the economy following the autumn statement, and we do not have long to wait until the Budget and the debates that will follow it. However, my hon. Friend has made some good points. Control of public spending is integral to our economy. If we did not control our spending, we would lose credibility. There would be a risk of a rise in interest rates, and a significant risk of our losing the international confidence and credibility that we currently command. The Government have maintained that spending control: we have consistently met the target in the spending plans that we have set out, or even achieved a reduction below that level.