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Proceeding contribution from Lord Beamish (Labour) in the House of Commons on Thursday, 22 March 2007. It occurred during Budget debate on Budget Resolutions and Economic Situation.


Budget Resolutions and Economic Situation

Is it not a fact that, in addition to the changes in corporation tax, many of those companies and pension funds did very well out of that change? Some companies then took pensions holidays and did not put any of the money into their pension schemes. Is it not wrong for certain companies to cry wolf and blame the Chancellor, when a lot of them did very well but chose not to put extra money into their pension schemes during the good times for the bad times that came along later?


Secondary information

Type
Proceeding contribution
Reference
458 c1028 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Corporation tax Budgets Health services Finance Education Further education Income tax Higher education Economic situation NHS Welfare tax credits Schools Taxation Budget March 2007
Link
View this Proceeding contribution on www.publications.parliament.uk