Oral Answers to Questions

Valerie Vaz Excerpts

Tuesday 29th April 2014 Commons Chamber

[Danny Alexander]

I did indeed see the fantastic work at Anthony Best Dynamics, which supplies 20 out of the top 20 automotive companies in the world. Yesterday, the Deputy Prime Minister and I visited the Transport Research Laboratory to announce £500 million of support over the next five years to ensure that the United Kingdom is the best place in the world to develop and manufacture ultra-low emission vehicles.

[Valerie Vaz (Walsall South) (Lab)]

According to the Office for National Statistics, unemployment in the west midlands has risen to 8.2%. Can the Chancellor explain why?

[Mr Osborne]

The statistics for the hon. Lady’s constituency show that unemployment is down 20%, youth unemployment is down 20% and long-term unemployment is down 20%. In the west midlands, during the boom years—the unsustainable boom—private sector employment actually fell. That points to what went wrong with the previous Government—they put all the bets on the City of London, the shadow Chancellor did not regulate it properly, it blew up and we are now retrieving the situation that he created.