Former Conservative MP for Wycombe
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Last month, the International Monetary Fund warned that the Chancellor's spending plans risk damaging the economy. It said that the much-trumpeted golden rule is an inadequate guide to fiscal policy. Given that recent economic and financial developments have reinforced the criticism of the IMF, will the Prime Minister advise the Chancellor that his policies are heading towards boom and bust?
Will my hon. Friend give way?
My hon. Friend the Member for Grantham and Stamford (Mr. Davies) rightly draws attention to the declining defence budgets of EU Governments in recent years, which is the first issue at the root of the problem. I am sorry to introduce a note of sombre common sense into what has been a fairly jolly party—indignant though we are about some of the issues that have emerged—but western Europe...
Former Conservative MP for Wycombe
Entered the House of Commons on 27 April 1978 — unknown
Left the House of Commons on 14 May 2001 — General election
Last updated: 14 May 2001.
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