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Proceeding contribution from George Osborne (Conservative) in the House of Commons on Tuesday, 29 November 2011. It occurred during Ministerial statement on Autumn Statement.


Autumn Statement

I would certainly like to see even more money coming from British pension funds, but £20 billion is an ambitious target. It is a shame that we have not been able to mobilise private sector resources from the pension funds in the past decade in the way that we should. The Government are making a determined effort to change that, and I hope that the memorandum of understanding that we signed with two groups of pension funds will lead to more infrastructure investment in the Tees valley and elsewhere.


Secondary information

Type
Proceeding contribution
Reference
536 c825 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Business Development aid Borrowing Health and safety Energy Infrastructure Excise duties Fuels Government assistance Economic situation Forecasts National income Pre-school education Pay Workplace pensions Planning Public sector Public expenditure Mortgages Railways Loans Public finance Public sector debt Social security benefits State retirement pensions Schools Young people Transport Taxation Unemployment Science Economic recession Autumn statement Office for Budget Responsibility Bank levy
Link
View this Proceeding contribution on www.publications.parliament.uk