Economic Policy Debate

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Department: HM Treasury

Economic Policy

Ian Lavery Excerpts
Monday 25th February 2013

(11 years, 2 months ago)

Commons Chamber
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Ian Lavery Portrait Ian Lavery (Wansbeck) (Lab)
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The Chancellor of the Exchequer has quite simply lost all credibility as an individual and all credibility as a Chancellor. What will he do to regain the confidence of the general public? Hundreds of thousands of people have lost greatly as a result of the failure of his economic policies.

George Osborne Portrait Mr Osborne
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Actually, the unemployment rate is lower today than when we came into office, and there are 1 million more people with jobs in the private sector than there were two years ago. Families want to know that the Government are determined to tackle the nation’s problems, to keep rates low, and to ensure that we provide the right environment for business. They have our assurance that we will do that.