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Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Wednesday, 6 May 2009. It occurred during Debate on bill on Finance Bill.


Finance Bill

The balance of trade deficit for the last two years was £46 billion and £44 billion, so it was basically unchanged even without the devaluation. It is forecast to be £49 billion next year, and the balance of trade deficit in goods is forecast to be in excess of £90 billion, so although there is a safety valve, it might not be all that the hon. Gentleman is imagining it to be.


Secondary information

Type
Proceeding contribution
Reference
492 c224 
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