the uk economy is well placed to return to sustained, balanced growth over the next few years, partly as a result of the credible path of fiscal consolidation. he said this, the right course is set and it's imperative that we maintain it. i prefer the advice of the governor of the bank of england than the man sitting opposite. >> mr. speaker, mr. speaker -- >> order! order! i wish to hear jacob reese. >> thank you, mr. speaker. isn't the lesson from the noble baroness lady thatcher that when you set an economic course you should stick to it. there is no alternative. >> the point -- my honorable friend has a huge following in all parts of the house. [laughter] >> the point he makes is important which is, whatever you plan to do to encourage growth in the economy, and we have lowest the corporation tax rate in the g7. we have abolished labour's jobs thax we are investing in science and skills. all of those things are necessary, but without a plan to deal with the deficit, they are nothing. >> ian manns. >> he's lost the support of the cbi because he doesn't have a growth strategy. it's

perhaps labour members will want to listen to the governor of the bank of england, who said, "the uk economyis well-placed to return to sustained, balanced growth over the next few years." he said that this was partly as a result of the credible...path of fiscal consolidation. he continued, "the right course has been set, and it is important we maintain it." i prefer the advice of the governor of the bank of england to that of the man sitting opposite. >> order. i wish to hear jacob rees-mogg. >> thank you, mr speaker. is not the lesson from the noble baroness thatcher that, when you have set an economic course, you should stick to it -- "there is no alternative"? >> my honorable friend has a huge following in all parts of the house. the point he makes is important, it is that whatever your plans to encourage growth in the economy, we have the lowest corporate tax rate in the g7, we have abolished labour's jobs tax, and we are investing in science and skills, all of which are necessary -- without a plan to deal with the deficit, they are nothing. >> i think the prime minister would accept th