Nick Ainger

Does my right hon. Friend recall that in January 1993, at the depth of the last Tory recession, the claimant count in Wales stood at 140,000? Last month in Wales, after the most sustained and deep global recession, it stood at only 78,000. Does not that show that the package that the Government and the Welsh Assembly Government have put together of a fiscal stimulus, bringing forward public investment, was absolutely the right policy, and that yet again the Opposition got it wrong?

— from debate entitled “Economy”

The three speeches/headings immediately before

  1. 1 earlier: Peter Hain

    I would have thought that the hon. Gentleman would commend Welsh businesses and manufacturers on the fact that we are outperforming the UK average for exports, and the fact that employment in Wales is still 90,000 higher than it was when Labour came to power. Of course, manufacturing across the world has suffered as a result of the global financial crisis. That is why he ought to support the Government in the investment that we are continuing to take forward to support businesses and the economy, and to ensure that the recovery is sustained and that we return to the growth that we saw for 10 years under the Labour Government before the credit crunch.

  2. 2 earlier: Adam Price

    The number of net job losses in Wales announced today represents 20 times the number lost in Lehman Brothers in London. If that is the case, why have manufacturing companies in Wales received just a fraction of the support that the Government have invested in the bail-out of the City of London?

  3. 3 earlier: Peter Hain

    It will have an enormous impact on the Welsh economy, and I commend my hon. Friend for his hard work in seeking to take that forward. On Remembrance day, we might ask the Opposition parties whether they will give an absolute commitment to support the project—[Hon. Members: "Answer!"] I am answering. This will create the best and most highly skilled armed force training anywhere in the world. It is a world-class facility that will put our soldiers in a better position than any other military force across the world, and it needs all-party support. Perhaps the hon. Member for Chesham and Amersham (Mrs. Gillan) will give that support.

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