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Pre-Budget Report

Given that the earlier intervention was not answered at all satisfactorily, the Chief Secretary must be able to tell the House what the suppression of gross domestic product growth will be as a result of £57 billion being taken out of the economy—£20 billion as a result of tax rises and £40 billion as a result of spending cuts. To homogenise it altogether in a global growth figure is really not good enough. That is a heck of a lot of money out of the economy, so surely the Government must know the impact of it on the suppression of GDP growth.