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Proceeding contribution from David Gauke (Conservative) in the House of Commons on Monday, 11 October 2010. It occurred during Debate on bill on Finance (No. 2) Bill.

Finance (No. 2) Bill

The fact is that the measures that the Government have taken have had the support of the IMF, the OECD, the World Bank and the Governor of the Bank of England. We are getting widespread support for taking these tough measures. We also have the support of the director general of the CBI. There is an increasingly large consensus—it even includes Tony Blair—that if we simply deny the existence of the deficit and avoid taking these tough decisions, we shall face a worse problem later on. It is absolutely right that we should take these measures.

Secondary information

Type
Proceeding contribution
Reference
516 c51 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Corporation tax Banks Capital investment Borrowing Film Financial institutions Economic situation Public expenditure Public sector debt Small businesses Tax allowances Taxation VAT Trusts Tax rates and bands Real estate investment trusts Enterprise investment scheme
Legislation
Finance (No. 2) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk