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Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Wednesday, 30 June 2010. It occurred during Ministerial statement on The Budget as it relates to Wales.


The Budget as it relates to Wales

The hon. Gentleman is absolutely right that the reduction in employers’ national insurance contributions will have benefits in both the public and the private sector. As I said in my statement, it will lead to savings of about £140 million for businesses in Wales alone. That is clearly a financial opportunity for the public sector, although in common with the whole country the public sector in Wales faces significant reductions in spending over the next few years.


Secondary information

Type
Proceeding contribution
Reference
WGC c12 
Session
2010-12
Chamber / Committee
House of Commons Grand Committees
Subjects
Capital gains tax Business Corporation tax Banks Income tax Economic policy National insurance contributions Public expenditure Public finance Social security benefits State retirement pensions Wales Tax allowances Taxation VAT Cuts Budget June 2010
Link
View this Proceeding contribution on www.publications.parliament.uk