Alun Cairns
Main Page: Alun Cairns (Conservative - Vale of Glamorgan)Department Debates - View all Alun Cairns's debates with the Northern Ireland Office
(13 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
What we have done in the banking industry is make sure that it is paying a £2.5 billion banking levy, not as a one-off, but every single year during this Parliament, so under this Government, the taxes it pays will go up; the bonus levels have gone down; and the lending to small businesses—and large businesses—will increase. The hon. Gentleman should welcome that approach.
Alun Cairns (Vale of Glamorgan) (Con)
What conclusions has the Prime Minister drawn from the statement of the secretary-general of the OECD, who recently said
“if you don’t deal with the deficit you can be assured that there will not be growth”?
The Prime Minister
The OECD was in town last week and gave the clearest possible message: if we do not deal with the deficit, we will not get any growth. That is what it said, and it is about time that the Opposition started listening to it.