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Finance Bill

I will in a moment. The Conservative party seems to be facing both ways on the issue; the shadow Chancellor supports The Daily Telegraph campaign to defer the 2p increase, but the party has not yet announced how it will make up the £1 billion shortfall that will result from that cut. The Conservative party has said that the proceeds of all its environmental proposals will go towards a family fund. As a result of the shadow Chancellor's intervention, that fund would already be £1 billion in deficit. That would have severe implications for families across the United Kingdom, if they were unwise enough to give the Conservative party a position of responsibility.