The economic mismanagement of the last Labour Government is summed up by the then Chancellor's decision to sell off our Gold at rock bottom prices. This was a terrible error of judgement, and today in Treasury Questions I asked the current Chancellor about this.
I asked: If our gold had not been sold off some years ago, how much would it be worth today?
George Osborne answered:
The gold was sold, I think on the advice of the current shadow Chancellor, at $3.5 billion—a princely sum, except that it would now be worth $19 billion.
There is no comment needed on this matter – the truth speaks louder than words.
It has been an honour and privilege to serve as Member of Parliament for Dover & Deal. I hope to be re-elected to serve our community for another term.
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