Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Julian Smith Excerpts
Tuesday 12th October 2010

(13 years, 7 months ago)

Commons Chamber
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Justine Greening Portrait Justine Greening
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My hon. Friend raises an important point. Although the emergency Budget was very much about supporting business and creating again the conditions for employment, he is right to mention pensions. That is why another key part of it, which perhaps got less attention than it otherwise would, was our managing to re-establish the earnings link with the state pension. The Labour party failed to do that in 13 years—it promised but, as ever, failed to deliver.

Julian Smith Portrait Julian Smith (Skipton and Ripon) (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 economic stability, promote growth and employment, reform the banking system and restore some sanity to the public finances.

Julian Smith Portrait Julian Smith
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What message does my right hon. Friend think the national insurance holiday and the abolition of Labour’s jobs tax sends to those thinking of setting up their own firm in God’s own county?