Economy: Business Investment Debate

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Economy: Business Investment

Lord Tebbit Excerpts
Thursday 27th March 2014

(10 years, 1 month ago)

Lords Chamber
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Viscount Younger of Leckie Portrait Viscount Younger of Leckie
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I am not sure that I agree with the noble Lord on that. What matters is the decisive action that the Government are taking to protect the economy in this period of global uncertainty. Our economic policy objective overall is to achieve strong, sustainable and balanced growth that is more evenly shared across the country and between industries, and that has a focus on property, too. We want to create the most competitive tax system in the G20, make the UK the best place in Europe to start, finance and grow a business, and create a more educated workforce that is the most flexible in Europe.

Lord Tebbit Portrait Lord Tebbit (Con)
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Can my noble friend perhaps have a chat with the noble Lord, Lord Kinnock, to see whether he can help us by pleading with his masters in Brussels to allow us to get on with investing in a nuclear energy programme? That would be really helpful. I see that the noble Lord, Lord Kinnock, shakes his head—he cannot do it.

Viscount Younger of Leckie Portrait Viscount Younger of Leckie
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I am always happy to have a chat with the noble Lord, Lord Kinnock, and perhaps that will happen.