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Industry (Government Support)

Part of Opposition Day — [1st allotted day] – in the House of Commons at 1:37 pm on 16th June 2010.

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Photo of Vincent Cable Vincent Cable The Secretary of State for Business, Innovation and Skills 1:37 pm, 16th June 2010

I was in Birmingham last week, and people affected by that problem have approached me-indeed, the city council also raised the matter with me-and I have asked for it to be investigated. It is a complex legal problem, but clearly it needs looking at.

I shall proceed to the second statement in the motion with which we agree. The Labour spokesman was explicit, forthcoming and realistic about cuts. The motion reads:

"That this House notes the need for a clear deficit reduction plan".

It is now going to get one, because on Monday we launched the Office for Budget Responsibility. We now have believable and independent growth numbers on which to construct a budget strategy, and next week the Budget will spell that out in more detail.

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