Topical Questions

Part of Oral Answers to Questions — Treasury – in the House of Commons at 2:30 pm on 1st November 2011.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 2:30 pm, 1st November 2011

Again, there is absolutely no recognition that the Government the hon. Gentleman supported presided over the second deepest recession in the entire world. What is the Opposition’s explanation for that? Why was Britain so badly affected? Why was the British economy so unbalanced? Why had the gap between the rich and the poor grown? Why had manufacturing halved as a share of GDP? They have absolutely no answers on Labour’s record in office.