Bernard Jenkin
Main Page: Bernard Jenkin (Conservative - Harwich and North Essex)Department Debates - View all Bernard Jenkin's debates with the HM Treasury
Comprehensive Spending Review
Bernard Jenkin Excerpts(13 years, 6 months ago)
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Danny Alexander
I do not accept that. We have to control the welfare bill, which has risen dramatically over the past few years. I will come to that later in my speech.
Mr Bernard Jenkin (Harwich and North Essex) (Con)
It is inevitable, of course, that individual Departments will have to set out the costs of redundancies, and it is right that they should do so in due course. However, will my right hon. Friend set out how much extra interest the Government would have to pay, and therefore how much more public spending would have to be cut in future, if we did not start to make such economies now?
Danny Alexander
My hon. Friend asks a very good question. Over the course of the spending review period, our plans will save £5 billion in debt interest, which the Labour party was very happy to pay.