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Proceeding contribution from Angela Eagle (Labour) 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 hon. Gentleman was not in the House at the time, but the reduction in VAT was part of the fiscal stimulus that kept the economy afloat during the most dangerous parts of the credit crunch. The growth figures for the early part of this year show that that fiscal stimulus package was working.


Secondary information

Type
Proceeding contribution
Reference
516 c59-60 
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