Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Oliver Colvile Excerpts
Tuesday 21st June 2011

(12 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The Governor of the Bank of England had his opportunity at the Mansion House to comment on the macro-economic policies pursued by the Government, and he said that

“to change the broad policy mix would make little sense.”

That is the judgment of the Governor of the Bank of England, and the hon. Lady may now find herself, like the shadow Chancellor, against the IMF, against the IFS, against the Governor of the Bank of England and against the CBI. It leaves the right hon. Gentleman completely alone, and it leaves the Labour party’s economic policy absolutely isolated in the world. Now, she is a new Member, and I know that she has been saddled with being the former Prime Minister’s private secretary, but she can break away from the nonsense being spouted by Opposition Members.

Oliver Colvile Portrait Oliver Colvile (Plymouth, Sutton and Devonport) (Con)
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T5. Does my right hon. Friend agree that the shortest suicide note in history consists of just five letters—plan B?

George Osborne Portrait Mr Osborne
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My hon. Friend is right, and, in the case of the Opposition, their plan is plan B for bankruptcy.