Matt Hancock
Main Page: Matt Hancock (Independent - West Suffolk)Department Debates - View all Matt Hancock's debates with the HM Treasury
Tuesday 8th June 2010
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
(13 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
The ambition, of course, is to try to get unemployment falling, but it is rising at the moment. That is the situation that we inherited—as is inequality, which we inherited too.
Matthew Hancock (West Suffolk) (Con)
Is the Chancellor aware of the recent Institute for Fiscal Studies report which showed that, going into the recession, the budget deficit in the UK was already one of the highest in the developed world?
Mr Osborne
I am absolutely aware of that report, because my hon. Friend drew it to my attention about three months ago, for which I thank him.