Proceeding contribution from Baroness May of Maidenhead (Conservative) in the House of Commons on Tuesday, 10 March 2009. It occurred during Opposition day on Unemployment.

Unemployment

I am grateful to the right hon. Gentleman for his question. As he knows, we believe that parts of that fiscal stimulus have not had the effect that the Government said they would—notably the VAT cut, which cost £12.4 billion that will have to be paid off through future tax rises. As he knows, the Government were intending to put VAT back up not just to 17.5 per cent., but to 20 per cent. That will hit everybody in this country.

Secondary information

Type: Proceeding contribution
Reference: 489 c167
Session: 2008-09
Chamber / Committee: House of Commons chamber
Subjects: Staff Education Business Closures Climate change Apprentices Credit Jobseeker's allowance Jobcentres Environment protection Private sector Government assistance Jobcentre Plus Economic situation Incapacity benefit Job creation Public expenditure Redundancy Working hours Standards New deal schemes Reform Unemployment Social security benefits Social security Training Young people Unemployment benefits Renewable energy
Link: View this Proceeding contribution on www.publications.parliament.uk

Unemployment

Secondary information

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