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Proceeding contribution from Rob Marris (Labour) in the House of Commons on Thursday, 9 July 2009. It occurred during Topical debate on UK Manufacturing.


UK Manufacturing

A golden thread running through manufacturing is the importance of investment in capital equipment, and capital allowances are one of the tax regimes to encourage that. Is my right hon. Friend as astounded as I am that the policy of those on the Conservative Front Bench, as announced by the hon. Member for Fareham (Mr. Hoban) on 12 May, is to cut capital allowances by £3.7 billion a year?


Secondary information

Type
Proceeding contribution
Reference
495 c1200 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Costs Coal Competition Employment Innovation Economic situation Manufacturing industries Mining Regional planning and development Skilled workers Shipbuilding Economic recession World economy
Link
View this Proceeding contribution on www.publications.parliament.uk