No.
We already have a situation in which our debt interest costs us £49 billion a year. We cannot afford to carry on like this. We need to get the nation's books back into balance, and the country back under control. The Government are doing exactly that.
Let us look at the detail of the Opposition's motion. It refers to 25,000 new affordable homes, but the reality is that in the five years of the previous Conservative Government, 34,786 affordable housing units were built on average each year, compared with 24,560 under the last Labour Government. That is a 30% fall in the amount of affordable housing built. The Labour party should not be proud of such a record, and no one reading the motion before the House can have any trust in the Labour party on the issue. The motion refers to jobs, which Labour destroyed during the latter part of their period in office.
The Economy
Proceeding contribution from
Charlie Elphicke
(Conservative)
in the House of Commons on Wednesday, 22 June 2011.
It occurred during Opposition day on The Economy.
Type
Proceeding contribution
Reference
530 c425-6 
Session
2010-12
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 16:58:51 +0000
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