Part of Oral Answers to Questions — Prime Minister – in the House of Commons am 12:00 am ar 13 Chwefror 1997.
Mr John Major
, Huntingdon
12:00,
13 Chwefror 1997
The right hon. Gentleman would be well advised to examine more carefully the litany that he recites. We have set an inflation target, which we shall meet, and which the right hon. Gentleman could only dream about. The average level of inflation under the last Lib-Lab Government was more than 15 per cent.—no wonder the Shadow Chancellor dare not set an inflation target and tell the country what it is. He promises taxes, but he does not say who will pay them. He cannot tell us whether he would set an inflation target or what it would be. The right hon. Gentleman obviously has not seen today's annual economic report from the European Commission, which argues that we will meet our inflation target.
The European Commission is the politically independent institution that represents and upholds the interests of the EU as a whole. It is the driving force within the EU’s institutional system: it proposes legislation, policies and programmes of action and it is responsible for implementing the decisions of Parliament and the Council.
Like the Parliament and Council, the European Commission was set up in the 1950s under the EU’s founding treaties.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
The shadow cabinet is the name given to the group of senior members from the chief opposition party who would form the cabinet if they were to come to power after a General Election. Each member of the shadow cabinet is allocated responsibility for `shadowing' the work of one of the members of the real cabinet.
The Party Leader assigns specific portfolios according to the ability, seniority and popularity of the shadow cabinet's members.
