Mr Brooks Newmark (Braintree) (Con): With the service, manufacturing and construction sectors all growing at 3% plus, does the Prime Minister agree that the economy is well on the road to recovery and rebalancing as well?

 

The Prime Minister: I am grateful for my hon. Friend’s question. Recent figures showed that manufacturing was one of the faster-growing sectors of our economy, which I welcome, but what the Chancellor said so powerfully in his Budget is that we are not resting on our laurels or saying that the job is done. There is more work to address the fundamental long-term weaknesses of the British economy: we need to manufacture more; we need to export more; we need to save more; and we need to invest more. Unlike the Labour party, we have policies that promote all those things.

 

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