21 June 2011
Speaking during Treasury Questions in the House of Commons, George Freeman highlights comments by the director general of the CBI that “swift and decisive” action on the deficit has laid a firm foundation for growth.
George Freeman (Mid Norfolk) (Con): Is my right hon. Friend aware of the recent comments of the director general of the CBI? He said:
“Acting swiftly and decisively on the deficit has…laid a firm foundation for…growth.”
Who does my right hon. Friend think is more plausible: the director general of the CBI or the lone voice opposite?
Mr Osborne: I think the CBI’s view reflects those of almost the entire business community in Britain and almost all international commentators on the United Kingdom economy. When the CBI was asked explicitly what it thought of the Labour party’s plans, its chief economic adviser said:
“The economy would be weaker because of the impact of a loss of confidence in the markets.”
| Hansard
George Freeman (Mid Norfolk) (Con): Is my right hon. Friend aware of the recent comments of the director general of the CBI? He said:
“Acting swiftly and decisively on the deficit has…laid a firm foundation for…growth.”
Who does my right hon. Friend think is more plausible: the director general of the CBI or the lone voice opposite?
Mr Osborne: I think the CBI’s view reflects those of almost the entire business community in Britain and almost all international commentators on the United Kingdom economy. When the CBI was asked explicitly what it thought of the Labour party’s plans, its chief economic adviser said:
“The economy would be weaker because of the impact of a loss of confidence in the markets.”
| Hansard
