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Proceeding contribution from Stephen Timms (Labour) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.


Government Capital Expenditure

I am listening with interest to what the hon. Gentleman is saying. He talked about the International Monetary Fund projections published last week. Of course, as he knows, another projection was published by the Institute for Fiscal Studies. It argued that the UK would avoid a long and protracted downturn, not least because of the effectiveness of the VAT cut. I wondered what he made of the arguments that the IFS set out.


Secondary information

Type
Proceeding contribution
Reference
487 c600 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk