Trade Balance

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 10:30 am on 22nd February 2007.

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Photo of Ian McCartney Ian McCartney Minister of State (Trade & Investment), Department of Trade and Industry, Minister of State (Trade & Investment), Foreign & Commonwealth Office 10:30 am, 22nd February 2007

When it comes to wretched Governments, the hon. Gentleman should know one—he was a sycophantic supporter of them before he lost his seat. Under his Government, we had inflation at 10 per cent., 3 million on the dole, 1,000 businesses going to the wall every week, national debt doubled and 350,000 young people on the dole. This is now a different country with a world-class economy and a Government who are committed to British business. We are providing 2.5 million new jobs. This is a different country—thank God—with a Labour Government.