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Proceeding contribution from Nicholas Winterton (Conservative) in the House of Commons on Wednesday, 7 April 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

I do not think that I need respond to my hon. Friend, who has made the point very clearly. I agree with everything that he said. I believe that we are owed a response, because so many serious economists, as well as commentators on the economy of this country and on Government policy, are deeply concerned. We do not want to worsen the recession that we have had, but neither do we want to fall back into it. We must take serious steps to reduce the debt that this country has incurred. We cannot go on living on other people's money. We have got to produce money to reduce our debt, and the budget deficit that, sadly, has been built up by this Labour Government. Through you, Mr. Deputy Speaker, I make a plea for those on the Treasury Bench to make a proper and constructive response to what I believe is a very serious question. As my hon. Friend the Member for Stone (Mr. Cash) said, I came into this House championing manufacturing industry. I go out doing the same because, as I have said before, it is the only source of sustainable non-inflationary economic growth. It can drag this country out of the dire problems that it faces at this time. Please let the people of this country—and me, as I have raised the question—have a sensible and proper response in the wind-up speech.


Secondary information

Type
Proceeding contribution
Reference
508 c1089 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Corporation tax Capital investment Cider Income tax Excise duties Fuels Double taxation Economic situation Pensions National insurance contributions Taxation Tobacco Stamp duties Smuggling First time buyers Stamp duty land tax
Legislation
Finance Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk