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Proceeding contribution from Lord Hanson of Flint (Labour) in the House of Commons on Tuesday, 28 June 2011. It occurred during Debate on bill on Finance Bill.


Finance Bill

It is very interesting that my hon. Friend makes that point about the VAT increase, because following that reckless gamble, inflation, which was 3.1% in September, was 4.5% in April and May, hitting savings, pensions, incomes, jobs and people's livelihoods. He will know that confidence is important and that consumer confidence is now at minus 31%. Overall confidence was three points lower in April than in March, and lower than at any time since spring 2009.


Secondary information

Type
Proceeding contribution
Reference
530 c893 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Contracts Devolved matters Corporation tax Devolution Health insurance Pensioners Public expenditure Married people Wales Tax allowances Taxation VAT
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk