30 November 2011
Harriett Baldwin welcomes the fact that the UK has remained outside the euro and has retained its triple A rating as good for economic development throughout the UK.
Harriett Baldwin (West Worcestershire) (Con): In those discussions with Northern Ireland Ministers about economic development, has my right hon. Friend heard appreciation for the fact that the UK has remained outside the euro and has retained its triple A rating?
Mr Paterson: My hon. Friend is spot on. We came to power with interest rates higher than Italy’s. Thanks to the very disciplined and determined manner in which the coalition has addressed the deficit, we now have interest rates level-pegging with Germany’s. That is of benefit to every single person in Northern Ireland.
| Hansard