"I would be delighted to explain it to the hon. Gentleman. It is about something called the structural deficit and the Opposition must acknowledge that the problem we face was created not just by the banking crisis but by the massive overspending of the previous Government. That is called the …..." Brooks Newmark - View Speech
"We seem to be living in two parallel universes. What the Opposition do not seem to realise is that we were facing bankruptcy as a country. We were in economic meltdown, and the markets were judging us by raising the cost of our borrowing. That is the best judgment of …..." Brooks Newmark - View Speech
"My hon. Friend is absolutely right. That is why we had an emergency Budget which laid out clearly our long-term economic plan.
Let us consider our record in government since we picked up the pieces that were left by the last Government. As my hon. Friend has just said, we …..." Brooks Newmark - View Speech
"It is interesting that the hon. Gentleman should talk about our welfare policies as his side wants to increase spending, whereas we are trying to cap it at a reasonable state—£26,000, which is £35,000 pre-tax, which is higher than the average wage of most people.
"I know, and I suspect Labour will be going into the election with a blank canvas, and no doubt voters will make their judgment on that.
Going forward, the Government are committed to raising the personal allowance once again—up from £10,500 to £12,500. That is a tax cut for 30 …..." Brooks Newmark - View Speech
"Thank you, Madam Deputy Speaker. I am delighted to follow the right hon. Member for Oldham West and Royton (Mr Meacher).
Notwithstanding the opening remarks of the hon. Member for Nottingham East (Chris Leslie), the Government have made huge strides in cleaning up the economic mess they inherited in 2010. …..." Brooks Newmark - View Speech
"Yes, my hon. Friend is absolutely right. I will get on to that a bit later on.
This Government have cut the budget deficit by a third. The International Monetary Fund says that the UK is achieving the largest reduction in the headline and structural deficits of any major advanced …..." Brooks Newmark - View Speech
"The hon. Gentleman should at least acknowledge that we dropped the small business rate by at least 1p, which has helped businesses. Will he guarantee before the House that he would not increase corporation tax should the country be unfortunate enough to see a Labour Government in power after 2015?..." Brooks Newmark - View Speech