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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 share entirely the hon. Gentleman's concerns about foreign ownership of our manufacturing. Not only did profits go overseas, but factories have been closed down and production taken overseas. Is not that one of the effects of privatisation? Some of the industries that the hon. Gentleman mentioned were publicly owned and would never have been bought by overseas companies had they remained so. I suggest that some be brought back into public ownership to protect them for the long-term future.


Secondary information

Type
Proceeding contribution
Reference
508 c427 
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