growth. we tackle the two biggest barriers that stop businesses growing. investment incentives and labour supply. the best investment incentives in europe, the biggest ever employment package for disabled people fuel cut, and for parents, 30 hours of free childcare for all under fives. hours of free childcare for all underfives. today, we build for the future, with inflation down, debt falling and growth up. the declinists are wrong, the optimists are right. we stick to the plan because the plan is working. and i commend the statement of the house. jeremy hunt, the chancellor, sitting down and being congratulate and by the prime minister and other colleagues. we are waiting for the labour leader to respond. sir keir
higher. their chaos has a cost. certainty is vital for the growth we need. essentialfor certainty is vital for the growth we need. essential for businesses and investors in our country, as we have speued investors in our country, as we have spelled out compared with a blanket cut to corporation tax, investment allowances are the right approach. but the question many business also ask today is, how long before the wind blows again, and we all go through this again? and that is what they don t understand about business investment. their endless fighting on tax is bad for growth, in and of itself. madam deputy speaker, real stability means that taxes don t go up stability means that taxes don t go up and down like yoyos, the rnd tax credit regimes doesn t get overhauled twice in six months. ok. overhauled twice in six months. ok, that is enough- overhauled twice in six months. ok, that is enough. i overhauled twice in six months. ok, that is enough. i now can t hear the right that i
recklessness. dressing up stagnation as stability, as their expiry date looms ever closer. and the figures published today spell it out. a year of stagnation. growth is nonexistent. according to the imf, the worst performing country in the g7 this year. a prediction today confirmed by the obr, and growth downgraded in years to come. this is a failure you can measure notjust on the figures, but in the empty pockets of working people right across the country. 13 years without wage growth. 13 years, no better off. 13 years, stuck in a doom loop off. 13 years, stuck in a doom loop of lower growth, higher taxes, and broken public services. madam deputy speaker, the obr makes clear today that things don t look any better in a long run. a broken labour market