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Topical debate on Thursday, 22 October 2009, in the House of Commons, led by Ian Pearson. The answering member was Lord Redwood.

Economic Recovery

Topical debate on the matter of securing economic recovery.

Secondary information

Type
Parliamentary proceeding
Reference
497 c1073-97 
Session
2008-09
Department
Treasury
Chamber / Committee
House of Commons chamber
Proceeding contributions
Ian Pearson | 497 c1075 (Link to this contribution) I have not finished explaining how the Conservatives have absolutely failed to make the right judgme...
Greg Hands | 497 c1075 (Link to this contribution) The Minister threw out a large number of accusations about the Opposition’s policies and said that w...
Show all contributions (95)
Ian Pearson | 497 c1076 (Link to this contribution) My hon. Friend is absolutely right. We need to focus on the future and the steps that we need to tak...
Ian Pearson | 497 c1077 (Link to this contribution) The Government have already taken steps internationally and domestically, through regulation by the ...
Jim Cunningham | 497 c1077 (Link to this contribution) Coming at this from a different angle, can the Minister give some indication of when the banks will ...
Greg Hands | 497 c1079 (Link to this contribution) That was an extraordinary speech from the Minister, full of quotes from Winston Churchill without qu...
Ian Pearson | 497 c1076-7 (Link to this contribution) The west midlands is an important part of the UK economy, and the fiscal stimulus measures that the ...
Jim Sheridan | 497 c1077 (Link to this contribution) Will the Minister expand on his earlier statement about helping some 150,000 small businesses by all...
Ian Pearson | 497 c1077 (Link to this contribution) Yes, HMRC has been extremely active in wanting to work with companies and defer payments where that ...
Lord Dodds of Duncairn | 497 c1077 (Link to this contribution) The Minister is talking about what can be done to get us through the current difficulties. Was he al...
Greg Hands | 497 c1079 (Link to this contribution) My hon. Friend makes the point precisely. Labour Members are so disheartened by the Government’s per...
Lord Redwood | 497 c1081 (Link to this contribution) Will my hon. Friend confirm that the Conservative Opposition are urging the Government not to do mor...
Greg Hands | 497 c1080-1 (Link to this contribution) I thank the hon. Gentleman for that perfectly reasonable question. I shall come on to describe how w...
Andrew Love | 497 c1080 (Link to this contribution) Given the litany of evidence about the state of the economy that the hon. Gentleman has put forward,...
Greg Hands | 497 c1079-80 (Link to this contribution) My hon. Friend makes an interesting point, and I shall discuss unemployment in due course. The Gover...
Greg Hands | 497 c1081-2 (Link to this contribution) I am not saying that, I am saying that QE will have to come to an end when the timing is right. Some...
Christopher Fraser | 497 c1082 (Link to this contribution) Does my hon. Friend agree that businesses not Governments create jobs? The simple fact is that Gover...
Greg Hands | 497 c1083 (Link to this contribution) I thank the hon. Gentleman for that, but it was not as good as his last question. He is being a bit ...
Sally Keeble | 497 c1074 (Link to this contribution) Does my hon. Friend agree with the reports by the Treasury Select Committee, which scrutinised the i...
Ian Pearson | 497 c1074-5 (Link to this contribution) My hon. Friend is absolutely right to refer to the Treasury Committee’s work, and to the fact that i...
Lord Redwood | 497 c1074 (Link to this contribution) The Minister really should withdraw his remark about mortgages; the economic advice given was that w...
Ian Pearson | 497 c1074 (Link to this contribution) I shall certainly refer the right hon. Gentleman to the public statements made by Opposition Front-B...
Ian Pearson | 497 c1074 (Link to this contribution) I shall happily give way again to the right hon. Gentleman, because I know that he does not agree wi...
Lord Redwood | 497 c1073 (Link to this contribution) Will the hon. Gentleman give way?
Desmond Swayne | 497 c1073 (Link to this contribution) When the recovery starts—I hope it is starting even now—one of the principal difficulties faced by s...
Ian Pearson | 497 c1096 (Link to this contribution) My hon. Friend is absolutely right to point out that this country needs skilled engineers. There are...
Ian Pearson | 497 c1096-7 (Link to this contribution) If the hon. Gentleman will allow me, I would like to respond in the two minutes remaining to some of...
Brian Jenkins | 497 c1096 (Link to this contribution) Will the Minister please look at the critical mass of skilled engineers now available to us and work...
Ian Pearson | 497 c1096 (Link to this contribution) I remind the House that we had to rescue apprenticeships; the Conservatives said little or nothing a...
Ian Pearson | 497 c1096 (Link to this contribution) I accept what the hon. Member for Banbury said—that we now live in different times—so if the Conserv...
Speaker | 497 c1096 (Link to this contribution) Order. It is obvious that, at this moment, the Minister is not giving way.
Ian Pearson | 497 c1096 (Link to this contribution) Some of us feel almost violently sick when we hear people talking about—
Ian Pearson | 497 c1095 (Link to this contribution) Let me respond first to the point about small business rate relief, which was the subject of quite a...
Andrew Love | 497 c1095 (Link to this contribution) May I say on my own behalf that I was anxious to hear the Opposition’s policies? It has given us the...
Ian Pearson | 497 c1095 (Link to this contribution) I just wish that, rather than engaging in juvenile debating points, the Opposition would engage with...
Greg Hands | 497 c1095 (Link to this contribution) The topical debate today was chosen by the Leader of the House, presumably in consultation with othe...
Brian Jenkins | 497 c1094 (Link to this contribution) Mention has been made of apprenticeships. Does the hon. Gentleman fear, as I do, that the recessions...
Christopher Fraser | 497 c1094 (Link to this contribution) At the moment, 1 million 16 to 24-year-olds are out of work. As I said earlier, apprenticeship schem...
Ian Pearson | 497 c1095 (Link to this contribution) With the leave of the House, I should like briefly to respond to the debate. We have heard the usua...
Andrew Love | 497 c1092 (Link to this contribution) May I suggest a little more humility from a member of a Government who oversaw two—I repeat, two—int...
Tony Baldry | 497 c1091-2 (Link to this contribution) It was only a passing reference because I have had only a sentence on that subject. However, on secu...
Christopher Fraser | 497 c1093-4 (Link to this contribution) I shall keep my comments brief, as I should like to hear the Minister respond to the perfectly strai...
Tony Baldry | 497 c1092-3 (Link to this contribution) I thank the hon. Gentleman for his intervention because it shows the Labour party’s two desperate al...
Lord Redwood | 497 c1090 (Link to this contribution) Given the amount being printed and the amount that the Government want to borrow, we are in for a we...
Speaker | 497 c1091 (Link to this contribution) Order. I can allow a passing reference to that, but the theme of this debate is the economic recover...
Tony Baldry | 497 c1091 (Link to this contribution) I am rather bemused by this debate. It needs to be understood that the subjects for topical debates ...
Joan Walley | 497 c1076 (Link to this contribution) Given the unprecedented challenge that we face in dealing with climate change, what are the Governme...
Ian Pearson | 497 c1076 (Link to this contribution) My hon. Friend is absolutely right to point out the need to create green jobs in supply chains and t...
Speaker | 497 c1075 (Link to this contribution) Order. I say to right hon. and hon. Members that, in any event and in all circumstances, an interven...
Ian Pearson | 497 c1075-6 (Link to this contribution) I am certainly aware of Monday’s Opposition day debate, which focused on welfare and its role in sec...
Christopher Fraser | 497 c1075 (Link to this contribution) The Minister will recall that on Monday we had a very similar debate, tabled by the Opposition, in w...
Ian Pearson | 497 c1075 (Link to this contribution) I shall happily give way to the Opposition Front-Bench spokesman.
Jim Cunningham | 497 c1076 (Link to this contribution) The Minister, like me, is a west midlands MP. What is he doing to try to stimulate the west midlands...
Ian Pearson | 497 c1078 (Link to this contribution) As the House will be aware, we have significant stakes in Royal Bank of Scotland and Lloyds Banking ...
Andrew Love | 497 c1085 (Link to this contribution) Is not what we have lost in this debate about public expenditure the role that a return to growth ca...
Viscount Thurso | 497 c1085 (Link to this contribution) The hon. Gentleman makes the point that I am coming to in a moment. We will be living beyond our me...
Andrew Love | 497 c1084 (Link to this contribution) Is not the real problem with the Governor’s proposal the same as that highlighted by the Opposition—...
Viscount Thurso | 497 c1084-5 (Link to this contribution) The hon. Gentleman, who is my colleague on the Treasury Committee, tempts me into a debate for which...
Viscount Thurso | 497 c1084 (Link to this contribution) As is often the case, my party is represented by quality rather than quantity, which I might say. T...
Lord Redwood | 497 c1088 (Link to this contribution) I am sure that we could improve on the apprenticeship schemes in place under the Conservatives, but ...
Jim Cunningham | 497 c1087 (Link to this contribution) The right hon. Gentleman’s exposition of what he thinks should be done is interesting, but when he w...
Lord Redwood | 497 c1087 (Link to this contribution) I am sure that that is one of the constraints. Businesses always need more skilled people at all lev...
Christopher Fraser | 497 c1087 (Link to this contribution) Does my right hon. Friend accept that apprenticeship schemes are enormously important as a source of...
Lord Redwood | 497 c1086-7 (Link to this contribution) I remind the House that I have business interests in manufacturing and investment management, but I ...
Andrew Love | 497 c1088 (Link to this contribution) The primary reason for that haemorrhaging, not just over the past 11 or 12 years, but over a much lo...
Jim Cunningham | 497 c1088 (Link to this contribution) I do not want to get into a ding-dong with the right hon. Gentleman, but there were very few apprent...
Lord Redwood | 497 c1088 (Link to this contribution) I want to live in the present and look forward to the future, not wallow in the past, but if we are ...
Christopher Fraser | 497 c1089 (Link to this contribution) In addition to that, does my right hon. Friend agree that the problem is with the red tape that busi...
Lord Redwood | 497 c1088-9 (Link to this contribution) That is the nearest to flattery that I am going to get from Labour Members. I was about to say that ...
Andrew Love | 497 c1089-90 (Link to this contribution) The first impact of a competitive exchange rate will be on import substitution. Then we would hope t...
Lord Redwood | 497 c1089 (Link to this contribution) I was going to come to that; it is on my list of things that need fixing. We need access to working ...
Philip Hollobone | 497 c1079 (Link to this contribution) Unemployment in Kettering constituency is now twice what it was when the current Government came to ...
Desmond Swayne | 497 c1079 (Link to this contribution) I think that my hon. Friend is rather harsh. I can understand Labour Members’ unwillingness to atten...
Greg Hands | 497 c1082 (Link to this contribution) No, I do not accept that at all. In fact, we have laid out a quite extensive set of proposals to get...
Jim Sheridan | 497 c1082 (Link to this contribution) The hon. Gentleman mentioned the possibility of increased unemployment. Does he accept that if his p...
Andrew Love | 497 c1082 (Link to this contribution) Will the hon. Gentleman give way?
Greg Hands | 497 c1082 (Link to this contribution) No, I am going to make a little progress. Specific measures to help us out of the recession have be...
Andrew Love | 497 c1083 (Link to this contribution) The shadow Chancellor’s speech to the Conservative party conference laid out savings of the order, I...
Greg Hands | 497 c1083 (Link to this contribution) If the hon. Gentleman will let me speak, the shadow Chancellor laid out pretty clearly a menu of dif...
Lord Redwood | 497 c1084 (Link to this contribution) I feel very sorry for the hon. Gentleman. There are no other Liberal Democrats in the Chamber. Does ...
Viscount Thurso | 497 c1083-4 (Link to this contribution) Those of us who were working or in business during the recessions in the ’70s, ’80s and ’90s will re...
Ian Pearson | 497 c1074 (Link to this contribution) Before we move on to where we are today, I shall give way to my hon. Friend.
Lord Redwood | 497 c1074 (Link to this contribution) Will the hon. Gentleman give way?
Ian Pearson | 497 c1074 (Link to this contribution) The right hon. Gentleman cannot get away from the fact that his party would have allowed Northern Ro...
Ian Pearson | 497 c1073 (Link to this contribution) The hon. Gentleman will be aware that more than 150,000 businesses have already benefited from the f...
Ian Pearson | 497 c1073 (Link to this contribution) Perhaps the right hon. Gentleman would like to justify his party’s position, which has been complete...
Lord Redwood | 497 c1074 (Link to this contribution) I advised the Government and the Bank of England, long before the run on the Rock, that they needed ...
Ian Pearson | 497 c1073 (Link to this contribution) I beg to move,"That this House has considered the matter of securing economic recovery." The world ...
Andrew Love | 497 c1076 (Link to this contribution) This is an apposite moment for my hon. Friend to give way, because I did not want to leave the subje...
Greg Hands | 497 c1082 (Link to this contribution) My hon. Friend is absolutely right. He makes that point extremely well, and I wholly concur.
Lord Redwood | 497 c1088 (Link to this contribution) Indeed, there are 2 million fewer jobs under this Government’s tutelage, as my hon. Friend reminds m...
Subjects
Companies Exports Economic situation Imports National income Manufacturing industries Small businesses Economic recession
Link
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