Proceeding contribution from Lord Beamish (Labour) in the House of Commons on Tuesday, 6 July 2010. It occurred during Debate on bill on Finance Bill.
Finance Bill
I will come to that in a moment. Let me be honest—I have never considered shopping a leisure activity, and I think people are quite strange if they do. Unfortunately, my family and large numbers of my constituents think that it is. The VAT increase will have an effect on that leisure activity, which will have a direct effect on jobs that occupy a large proportion of the local economy in many areas. My hon. Friend's constituency has been affected by events at the Corus steelworks, and one possible result of that is that people will be looking for other jobs, including in retail, but those jobs simply will not be there.
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c274
- 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
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- 2026-05-06 09:15:26 +0100
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