Proceeding contribution from Lord Clarke of Nottingham (Conservative) in the House of Commons on Wednesday, 26 November 2008. It occurred during Emergency debate on Pre-Budget Report.
Pre-Budget Report
My understanding of the background to the PBR on this point is that the Treasury wanted to put in credible figures for two or three years ahead to show how all this was going to be paid for before returning to stable policy, but Downing street did not. Is it not the case that more tax increases were originally going to be put in than eventually appeared and that they have been replaced by wholly incredible growth forecasts, supposedly getting us back to 3 per cent. growth by 2012?
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c791-2
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Credit Budgets Borrowing Investment Financial markets Economic situation Guarantees National income National insurance contributions Public expenditure Loans Public sector debt Taxation VAT World economy Pre-Budget report 2008
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-01-22 21:06:15 +0000
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