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Proceeding contribution from Kelvin Hopkins (Labour) in the House of Commons on Thursday, 25 March 2010. It occurred during Budget debate on Budget Resolutions and Economic Situation.


Budget Resolutions and Economic Situation

I wish to continue my right hon. Friend's theme. I am old enough to remember the 1979 election when the Conservatives came into office. They immediately pushed the VAT rate up from 8 to 15 per cent., raised interest rates, created 3 million unemployed and destroyed a fifth of our manufacturing industry. That is what the people face if they vote for the Conservative party next time.


Secondary information

Type
Proceeding contribution
Reference
508 c409 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Cost effectiveness Debts Banks Credit Budgets Finance Higher education Economic situation Economic growth National income Public expenditure Loans Young people Small businesses Tax allowances Taxation Stamp duties Unemployment Economic recession World economy Budget March 2010
Link
View this Proceeding contribution on www.publications.parliament.uk