Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Tony Baldry Excerpts
Thursday 5th December 2013

(10 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I will certainly look at the report that hon. Gentleman mentions. As I said in my speech, it is right for all of us to remember that people are enduring some very adverse weather conditions on the east coast of Britain and our emergency services are working hard to protect them.

On the broader point, we are investing in flood defences. We have recently increased the investment going into flood defences, and that is all part of the long-term infrastructure plan that this country needs.

Tony Baldry Portrait Sir Tony Baldry (Banbury) (Con)
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Is it not correct that there were those who predicted that my right hon. Friend’s policies would lead to a double-dip recession and increases in unemployment, and that it would be impossible to reduce public spending at the same time as restoring the economy to growth? In those predictions, they were wrong, wrong, wrong. The national nightmare would be if the people who made those predictions were allowed anywhere near the door of No. 11 Downing street.

George Osborne Portrait Mr Osborne
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My hon. Friend is right. It is not just that they got the predictions wrong: it is what that says about their governing philosophy—that they could go on spending and borrowing and running up the deficit with no consequences whatever. Unfortunately they were let near the door of No. 11 in the last decade and that is one of the reasons we are all clearing up this mess at the moment.