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
Clearly, that measure was temporary and well signalled in advance—a cut to boost the economy in the short term in the most effective way. The interesting thing about what has been announced since June is that the VAT increase appears to be permanent. We are also seeing a range of other announcements, such as the shift from the retail prices index for benefit increases to the consumer prices index—not temporary to deal with a situation in front of us, but seemingly permanent.
Secondary information
- Type
- Proceeding contribution
- Reference
- 516 c60
- 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
Librarians' tools
- Timestamp
- 2023-12-15 18:15:46 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_667158
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