Skip to main content

Proceeding contribution from Kelvin Hopkins (Labour) in the House of Commons on Tuesday, 12 May 2009. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

Does the right hon. Gentleman not accept that the depreciation of the pound or the appreciation of the euro, however one likes to look at it, is actually of benefit to the economy? We are starting to see a turnaround in our chronic balance of trade deficit, and demand is being directed towards domestic producers of other things. That is helping employment and the economy. Is the depreciation of the pound not a very good thing indeed?


Secondary information

Type
Proceeding contribution
Reference
492 c792 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Alcoholic drinks Companies Business Corporation tax Competition Capital investment Excise duties Business rates Public houses Tax allowances Tax avoidance Taxation VAT Tax rates and bands Trade competitiveness
Legislation
Finance Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk