The Economy and Work

Part of Debate on the Address – in the House of Commons at 1:23 pm on 26th May 2016.

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Photo of George Osborne George Osborne Chancellor of the Exchequer and First Secretary of State 1:23 pm, 26th May 2016

A record number of people are in work and we have created almost 2.5 million jobs in this economy. Yesterday at the end of my remarks I referred to a report that the Labour party has produced on its future. This independent inquiry is chaired by Jon Cruddas. Let us see what Labour says about Labour:

“A tsunami of aspirant voters sank Labour…Voters abandoned Labour because they believed Labour lacked economic credibility…the perception was that it would be pro?igate in government…
Labour is losing its working-class support…
Labour has marched away from the views of voters…
Labour is becoming a toxic brand.”

That is the Labour party’s own verdict on the Labour party. It concludes by saying—