Oral Answers to Questions

Debate between Lord Goldsmith of Richmond Park and George Osborne

Tuesday 11th September 2012 Commons Chamber

[Mr Osborne]

There is a difference between announcement and delivery: Labour announced no more boom and bust, and delivered the biggest boom and the biggest bust. We know all about the record of the last Labour Government. One of the quite extraordinary things is that, despite spending and borrowing all that money, they did not actually invest in the modern infrastructure that the private sector needs to create sustainable jobs. That is the lesson that the hon. Lady should learn from their last period in office.

[Zac Goldsmith (Richmond Park) (Con)]

We are told by the Government that we urgently need more airport capacity, so could the Chancellor explain why his only policy on the issue is to commit the Government to doing nothing at all for three years, until after the next election? Surely he appreciates that voters need to know where the Government stand before they vote.

[Mr Osborne]

As my hon. Friend knows better than pretty much anyone else in this House, we made a very firm commitment that we would not proceed with a third runway in this Parliament, but Howard Davies is now looking at all the options for airport capacity in the south-east. This issue has evaded Governments of all political colours for the past 30 years, and it is time that we tried to achieve some cross-party consensus, because I am absolutely clear—[Interruption.] If the Labour party was so good at building airports, where are they? Where are these additional airports that it built? The truth is that the south-east of England needs additional airport capacity. The question is where we place it and I think that Howard Davies is the right man to advise us all.