Bridget Phillipson
Main Page: Bridget Phillipson (Labour - Houghton and Sunderland South)Department Debates - View all Bridget Phillipson's debates with the HM Treasury
(11 years ago)
Commons Chamber
    
        
    
    
    
    
    
        
        
        
            Mr Osborne 
        
    
        
    
        My hon. Friend is absolutely right. I have been lucky enough to visit successful manufacturing businesses in his constituency with him and, indeed, to see the investment that as a result we are able to make in new hospitals in the west midlands. He of course makes the very strong point that if you increase business taxes—that is the official policy of the Labour party—in such a competitive world, you will destroy jobs, reduce revenues and not be able to fund good public services.
T5. Will the Chancellor, as the self-styled champion of the north, now look again at his early decisions and their impact, and will he commit to a fairer funding settlement for north-east councils?
    
        
    
    
    
    
    
        
        
        
            Mr Osborne 
        
    
        
    
        The whole United Kingdom has had to make difficult decisions because we inherited a record budget deficit, but I am willing to work with councils in the north-east to see whether we can build on what we have achieved in Greater Manchester. There is real potential to do that and to make key investments in the infrastructure of the north-east. For example, I think there is a strong case for the A1 north of Newcastle to be dualled.