Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Mary Glindon Excerpts
Tuesday 16th November 2010

(13 years, 5 months ago)

Commons Chamber
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Justine Greening Portrait Justine Greening
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At this stage, we cannot speculate about other countries’ finances. Obviously, the Irish are taking very difficult decisions and actions to try to get the situation under control. I do not think that we should pre-empt actions that Ireland or any other country takes and the impact that such actions may ultimately have on the UK taxpayer.

Mary Glindon Portrait Mrs Mary Glindon (North Tyneside) (Lab)
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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 purpose of the Treasury is to ensure economic stability, restore sanity to the public finances, ensure employment growth, make sure our banking system is properly regulated and get this country back on its feet.

Mary Glindon Portrait Mrs Glindon
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During the past five years, North Tyneside council has made year-on-year transformation savings without affecting front-line posts, but I fear that because of the comprehensive spending review, front-line jobs will now be lost. What message, other than fictitiously blaming the previous Labour Government for what has been a global recession, does the Chancellor have for North Tyneside?

George Osborne Portrait Mr Osborne
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First, the Government have given all councils, including North Tyneside, greater freedom about how to spend their resources by removing a lot of ring-fencing. Secondly, of course, as I said in the spending statement, this was a difficult local government settlement—I completely accept that. But even the Labour party was signed up to £44 billion of spending cuts. If Labour Members are telling us that those would not have included local government, that is not really credible. We have had to take difficult decisions and we should be supported for that.