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Part of Finance (No. 3) Bill – in the House of Commons at 5:30 pm on 19th November 2018.

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Photo of Richard Graham Richard Graham Conservative, Gloucester 5:30 pm, 19th November 2018

My hon. Friend is absolutely right. As she knows well, the truth of the last Labour Government—during their 13 years—was that although they promised no more boom and bust, they gave us the biggest bust in peacetime history as a result of wildly overspending. I am afraid the net result of that is, as always, that the poorest feel the effects worst. In my constituency of Gloucester, 6,000 people lost their jobs during the great recession under Labour. Only since the Conservative Government came back have we seen employment rise sharply and youth unemployment and unemployment fall sharply.