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Finance Bill

No. I am saying that the country's investors now have so little confidence in the economic plan that they would rather save their money than dare to invest it in productive capacity and growth for the future. Let us look at some of the measures that show the decline in confidence. The Bank of England says that mortgage approvals fell in June; last month, the consumer confidence index fell for the first time in a long time; and yesterday, Rightmove told us that house prices have been cut for the first time this year. The Budget and the Bill are putting Britain's recovery in the slow lane. The greatest irony of all is that we must all pay more as a consequence.