Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jane Ellison Excerpts
Tuesday 24th April 2012

(12 years ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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It is worth pointing out that this £3 billion figure that the shadow Chancellor and others recite suggests an entirely static process. Nobody believes that a 50p rate has no behavioural impact whatever, but that is the Labour party’s ridiculous position. That was not its position when in government, and it is not a position that any credible economist would support.

Jane Ellison Portrait Jane Ellison (Battersea) (Con)
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T1. If he will make a statement on his departmental responsibilities.

George Osborne Portrait The Chancellor of the Exchequer (Mr George Osborne)
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The core purpose of the Treasury is to ensure the stability of the economy, promote growth and employment, reform banking and manage the public finances so that Britain lives within her means.

Jane Ellison Portrait Jane Ellison
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What steps is my right hon. Friend taking to support successful small businesses that wish to take advantage of export opportunities?

George Osborne Portrait Mr Osborne
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We want to get small businesses exporting more, and UK small businesses have traditionally not exported as much as, for example, continental European small businesses. That is why UK Trade & Investment, under Lord Green, has set the specific ambition of doubling the number of small businesses helped by the Government. We want small businesses to be ambitious and look to overseas markets.