Eurozone Debate

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Department: HM Treasury

Eurozone

John Bercow Excerpts
Monday 10th October 2011

(12 years, 7 months ago)

Commons Chamber
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None Portrait Several hon. Members
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rose

John Bercow Portrait Mr Speaker
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Order. A great number of Members are still seeking to catch my eye, and I am keen to accommodate them, but progress so far has been at best leisurely. What is required is brevity, a legendary example of which will now be provided by Mr David Tredinnick.

David Tredinnick Portrait David Tredinnick (Bosworth) (Con)
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Is not the fundamental problem with the Greeks that even if a package is agreed, there is no way the Government can implement it, because the tax authorities have themselves said that they are not going to do so? A depreciated or, indeed, a new currency for Greece would give my Hinckley constituents and others some chance of buying cheaper Greek holidays and stimulating the economy.

--- Later in debate ---
None Portrait Several hon. Members
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rose

John Bercow Portrait Mr Speaker
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Order. At one point I thought that the hon. Member for Reading East (Mr Wilson) had toddled out of the Chamber, but I am delighted that he is back in his place and we want to hear him.

Rob Wilson Portrait Mr Rob Wilson (Reading East) (Con)
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My right hon. Friend was right to be concerned in his statement about money finding its way to small and start-up businesses. May I urge him to consider streamlining the current, overly complex enterprise investment scheme and add tax relief to those business angel investors who are making their savings available to small businesses in this country? Such an approach would give a much-needed boost to small business in this country.