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Finance Bill

That sounds a tantalising prospect. The next four hours will fly by. I remember that, on 21 March 2007, the Labour Benches were awash with a sense of euphoria that the then Chancellor had paved the way to Downing street with no contest, as no one would stand against him. The leader of the Conservative party rose to his feet—we have to remember, of course, that my constituents pay more in their taxes for the salary of the right hon. Member for Witney (Mr. Cameron) than they do for any other Opposition MP, so we are entitled to think that he will stand head and shoulders above us all in respect of his ability to analyse the Budget—but unfortunately, he did not notice the doubling of the 10p rate. In fact, in the first line of his speech, the leader of the Conservative party said the following words on behalf of the 5.3 million people who were losers in the Budget:"““Well, the Chancellor has finally given us a tax cut.””—[Official Report, 21 March 2007; Vol. 458, c. 829.]" That was his analysis.