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Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Monday, 8 November 2010. It occurred during Debate on bill on Finance (No.2) Bill.

Finance (No.2) Bill

I accept the hon. Gentleman's point. We have to be prudent in how we address these questions, and I hope to come to some of the matters he raises as we explore corporation tax and so on. If he bears with me, I will—hopefully—elaborate. UBS analysts said that they expected Lloyds and HSBC to benefit by 2012 because of the cut in corporation tax bills, which in their case was larger than the hit they expected to be sustained through the banking levy. It seems, therefore, that the banking levy is playing quite a small part, perhaps a walk-on character—

Secondary information

Type
Proceeding contribution
Reference
518 c76 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Disclosure of information Child benefit Corporation tax Banks Crew Employment Families Fisheries Incentives Income tax Film Financial services Financial institutions Independent taxation Economic situation Personal income Pay Mental capacity Profits Norway Small businesses Tax allowances Taxation Shipping Terminology Video games Tax rates and bands Self-employed Iceland Bank levy
Legislation
Finance (No. 2) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk