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Finance Bill

The issue is not about finding the money to pay for the compensation, but about finding a way to compensate people who have lost out as a consequence of what has happened. After the Chancellor's statement, a number of people were still losing out as a result of the measure. In its report on the 10p rate, the Treasury Committee said:""There is a pressing need for the Government to seriously examine ways in which these remaining households can be compensated…The Government should set out proposals to achieve this by the time of the 2008 Pre-Budget Report."" The fact that that group of people were still not fully compensated caused continued anxiety across the House about how the issue was to be resolved.