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Finance Bill

Of course, and I shall come to that point. During my long sojourn on the Back Bench this afternoon, I have had several visits from my hon. Friend the Member for Leeds East (Mr Mudie) who is watching me carefully so I shall try to be as brief as I can. Several Lib Dem coalition partners made the case that it was now possible to reverse their position. It was said that the package as a whole was fair. It was said that the measures would cut the deficit and that the private sector should be allowed to breathe and grow. Each of those arguments is incorrect.