Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Kwasi Kwarteng Excerpts
Tuesday 5th November 2013

(10 years, 6 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng (Spelthorne) (Con)
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T4. Is it not true that the only way to improve considerably our standard of living is to focus on the economic situation of the country to boost growth and pay down debt?

George Osborne Portrait Mr Osborne
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I completely agree with my hon. Friend that unless we have a credibly economic plan to grow the economy, deal with public finances and support business rather than tax it, we will get the reaction the shadow Chancellor got from the CBI, whose members said that the hairs on the backs of their necks stood up as they listened to all the terrible things that a Labour Government would do to them. The truth is that we are fixing the economic mess the shadow Chancellor left behind, and that is the best way to improve people’s living standards.