Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Ian Blackford Excerpts
Tuesday 21st July 2015

(8 years, 9 months ago)

Commons Chamber
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Damian Hinds Portrait Damian Hinds
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The Budget contained measures that will boost skills and support high-tech businesses across the north, including in my hon. Friend’s constituency. Greater Manchester local enterprise partnership is invited to bid in the new round of enterprise zones, there will be new regius professorships to support universities and there is an ambitious transport package that will provide much needed infrastructure for the north of England.

Ian Blackford Portrait Ian Blackford (Ross, Skye and Lochaber) (SNP)
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T1. If he will make a statement on his departmental responsibilities.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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The core purpose of the Treasury is to ensure the stability and prosperity of the economy.

Ian Blackford Portrait Ian Blackford
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We hear from the Institute for Fiscal Studies that the gross impact of the higher minimum wage will be about £4 billion, but that the cuts to tax credits represent about £6 billion. The proportion of children in poverty who are from families in work rose from 54% to 63%, and that statistic can only get worse. It is little surprise that the Government want to redefine child poverty. To change a definition is to change the truth—

John Bercow Portrait Mr Speaker
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Order. I thought the hon. Gentleman had a background in the financial world. He cannot have been allowed to prate on at that length when he was busy making important decisions with commercial substance involved. He will really have to practise.