Proceeding contribution from Lilian Greenwood (Labour) in the House of Commons on Tuesday, 6 July 2010. It occurred during Debate on bill on Finance Bill.
Finance Bill
Does my hon. Friend share my concern about the impact that the VAT increase will have on the retail sector? I understand from a recent report that 77% of retailers felt that it would have a negative, quite negative or very negative impact on their sales, potentially leading to a 1.6% reduction in retail staff, 47,000 employees losing their jobs and more than 9,000 stores closing—
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c324
- 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 09:17:02 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_652944
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