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Proceeding contribution from Brooks Newmark (Conservative) in the House of Commons on Wednesday, 6 May 2009. It occurred during Debate on bill on Finance Bill.


Finance Bill

On the subject of ending boom and bust and cycles, does my hon. Friend believe there is any credibility whatever to the Red Book's projection, in table 2.1, that growth will decline 3½ per cent.; suddenly and miraculously increase next year by 1¼ per cent.; and then, in 2011, go up to 3½ per cent.? Does anyone my hon. Friend knows, beyond the Chancellor and his Chief Secretary, believe there is any credibility in these forecasts?


Secondary information

Type
Proceeding contribution
Reference
492 c193 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Children Alcoholic drinks Business Corporation tax Credit Bingo Borrowing Finance Income tax Excise duties Fuels Gaming Government assistance Economic growth Forecasts Personal savings Poverty Pensions Public expenditure Scotland Tax allowances Tax avoidance Taxation VAT Trusts Tax rates and bands Tax evasion North Sea oil Trade competitiveness Marginal tax rates
Legislation
Finance Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk