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Government Capital Expenditure

The motion before the House, and the hon. Gentleman's speech, are properly focused on capital expenditure through the public sector, but I hope that he agrees that that need not be to the exclusion, or even to the detriment, of means by which to stimulate effective consumer demand. In that context, and focusing at least in part on private expenditure, what view does he take on the merits of a marked increase in the national minimum wage to stimulate consumer expenditure, particularly among people on notably low incomes?