Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Robin Walker Excerpts
Wednesday 13th June 2012

(11 years, 11 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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First, let me join the hon. Lady in praising people in Plymouth, who obviously do a huge amount for their neighbours and members of their community. That is all to the good. What I would say is yes, we have had to make difficult decisions, but we have actually protected tax credits for the least well-off and we have protected benefits for the least well-off. However, I have to say that the biggest welfare reform that we have made is to put a cap on welfare, where we have said that people should not be able to get on welfare more than the average family gets in work, which is £26,500 a year. However, when we put that forward, the Labour party voted against it.

Robin Walker Portrait Mr Robin Walker (Worcester) (Con)
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Q12. Can my right hon. Friend tell the House how much it would have cost this country to take part in the bail-out of Spain’s banks this week if he had not stood up for Britain and got us out of the previous Government’s commitments?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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My hon. Friend makes an important point. Before this Government came to power, bail-outs were carried out with Britain playing a full part—often by as much as 14% of the total—so in a €100 billion bail-out of Spain, Britain could have been paying as much as €14 billion, or £10 billion. That money has been saved because this Government, unlike the last one, stand up for Britain in Europe.