Business of the House

Part of the debate – in the House of Commons at 11:32 am on 24th November 2011.

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Photo of George Young George Young The Leader of the House of Commons 11:32 am, 24th November 2011

I am grateful to my hon. Friend for drawing attention to one of the ambitions of our economic policy, which is to switch the emphasis on growth from spending and borrowing to investment and exports. The fact that we are not in the eurozone enables us to have a competitive exchange rate, which in turn gives our exporters a head start over those in some other countries.