Budget Resolutions and Economic Situation — Amendment of the Law

Part of the debate – in the House of Commons at 9:46 pm on 25th March 2013.

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Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury 9:46 pm, 25th March 2013

I say, as I said directly to the Scotch whisky industry, that this Government are giving considerable support to it as it seeks to broaden its reach into export markets across the world. The work of UKTI, in particular, is of great assistance to that industry.

We are building a stronger economy and a fairer society, and we are also helping people that want to get on in life. If you want to get on in life, last week’s was a Budget that will support you. It was a Budget that will give thousands of people the opportunity to step on to the housing ladder or step up the housing ladder. Our £5.4 billion housing package will boost home ownership and kick-start the building of new homes. The intention of the help to buy scheme is to provide help to people who want to get their first home or move home but cannot afford the deposit that today’s mortgages now require. This is a complex policy area, and we are working with the industry to find a practical and sensible way of taking the scheme forward without blunting its radicalism or its reach. I am sure we will achieve that.