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Proceeding contribution from Ed Balls (Labour) in the House of Commons on Monday, 23 April 2007. It occurred during Debate on bill on Finance Bill.

Finance Bill

The right hon. Gentleman knows that nowadays the majority of PFI liabilities are being recorded on the public balance sheet—indeed, over time, they all will be—whereas in 1997, a minority were recorded. His charge that it is this Government who have been concealing these things is not true. In the same way, if, in retrospect, public sector pensions should have been recorded on the public balance sheet in 1997, the position as regards national debt that we inherited in 1997 should have been much higher as a percentage of GDP than the 43.6 per cent. that my hon. Friend the Financial Secretary quoted.

Secondary information

Type
Proceeding contribution
Reference
459 c725 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Crime Agriculture Aviation Business Corporation tax Climate change Buildings Bureaucracy Capital allowances Fraud Housing Education Environment Investment Income tax Energy Electricity generation Economic situation Floods Inflation Pensions Olympic Games Passengers Petrol Partnerships Pension funds Small businesses Regional planning and development Tax allowances Tax avoidance Taxation Research Tax rates and bands Rural areas Off-payroll working
Legislation
Finance Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk