Proceeding contribution from Andrew Gwynne (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
Is it not worse than that? Many of the small manufacturing industries in my constituency have been dependent on an old declining style of manufacturing. The capital allowances were the mechanism that they used to diversify. On my hon. Friend's point about rebalancing the economy, if we are to do that in areas that are heavily dependent on manufacturing industry, we must allow them to diversify into the new technologies and new manufacturing sectors.
Secondary information
- Type
- Proceeding contribution
- Reference
- 527 c705
- 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
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- 2023-12-15 15:51:59 +0000
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