Oral Answers to Questions

Claire Perry Excerpts

Tuesday 8th February 2011 Commons Chamber

[Mr Gauke]

We announced in the June Budget corporation tax reductions that will benefit all sectors, including manufacturing. As we can see, so far manufacturing is doing well. Of course, we cannot be complacent, but the early signs are that our policies are helping.

[Claire Perry (Devizes) (Con)]

I want to ask the ministerial team which piece of recent data they find most interesting: the record level of manufacturing activity, the rebound in consumer confidence or the endorsement by the Institute for Fiscal Studies of this Government’s economic policy in paying off the previous Government’s debt?

[Mr Gauke]

It is absolutely clear that this Government are on the right course. There are some encouraging signs, but none the less we must stick to the course. The early indications are, in manufacturing in particular, that that sector of the economy is growing well.