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Proceeding contribution from Justine Greening (Conservative) in the House of Commons on Tuesday, 22 March 2011. It occurred during Debate on bill on Budget Responsibility and National Audit Bill [Lords].


Budget Responsibility and National Audit Bill [Lords]

I do remember the motion to which my hon. Friend refers. We were trying to be very clear, as he will be aware, and no doubt deeply unhappy, that some aspects of our fiscal and taxation system—for example, VAT—are set in relation to a broader pan-European directive. As we have discovered, that is one reason why the Opposition's policy on reducing VAT on fuel alone is simply illegal, and I hope I can reassure him that we were trying to be very clear that it is primarily the UK Parliament that takes those decisions. Perhaps I can reassure the rest of the House that growth is already an integral part of this Government's approach to turning around our country's public finances and economic fortunes. I understand why the amendments have been tabled, but they are unnecessary.


Secondary information

Type
Proceeding contribution
Reference
525 c911 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Audit Budgets Fiscal policy Economic growth Powers Public expenditure National Audit Office Public finance Treasury Social policy Office for Budget Responsibility
Legislation
Budget Responsibility and National Audit Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk