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Proceeding contribution from John McDonnell (Labour) in the House of Commons on Wednesday, 4 May 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 3) Bill.

Finance (No. 3) Bill

There is anxiety about the lack of assessment; it was undertaken so perfunctorily by the OBR because it was a last-minute decision by the Chancellor. Will my right hon. Friend comment on the grounds for that decision's being taken in such a last-minute manner? Was it a political stunt? Was there a rationale for it? How does he understand not just the decision itself, but the fact that it happened literally in the final 24 hours—at the last minute—before the Budget?

Secondary information

Type
Proceeding contribution
Reference
527 c697 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Childcare Business Corporation tax Capital allowances Investment Equipment Economic growth Manufacturing industries Tax allowances Taxation Tax rates and bands
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk