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Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Tuesday, 6 July 2010. It occurred during Debate on bill on Finance Bill.

Finance Bill

That is precisely right and I will have more to say on that in a moment. I promised a ray of good news among all the bad news and depressed expectations from the business community. A command paper was sneaked out last week. It had barely a press notice—it ran to a grant total of six lines—and there was no written ministerial statement with it. What could justify such secrecy? All is revealed on page 52 of the public expenditure survey, published last week, wherein we discover that Departments under Labour's management underspent their budgets last year by £5 billion. Anyone would think that the Government wanted to keep that news secret. In a knee-jerk response yesterday, they decided to cover it up by announcing another £1.5 billion of spending cuts instead.

Secondary information

Type
Proceeding contribution
Reference
513 c211 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Poverty Children Corporation tax Exports Excise duties Fuels Private sector Insurance premium tax Economic growth Forecasts Low incomes Pensions Public expenditure Unemployment Rural areas Public sector debt Tax avoidance VAT Resignations Tax evasion Tax burden Building schools for the future programme Office for Budget Responsibility Budd, Alan
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk