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Proceeding contribution from Lord Spicer (Conservative) in the House of Lords on Monday, 18 July 2011. It occurred during Debate on bill and Debate on select committee report on Finance (No. 3) Bill.


Finance (No. 3) Bill

My noble friend is making a very important speech, and I am particularly struck by what he is saying about inflation. Will he accept that the problem with inflation is that it can get out of control, that it becomes cumulative? I wonder whether he had in mind any figure of inflation at which that might occur. My own view is that it is between 5 and 7 per cent, but I wonder what his view is.


Secondary information

Type
Proceeding contribution
Reference
729 c1174 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Business Corporation tax Finance Investment Income tax Fiscal policy Economic situation Personal savings Pay Pensions Public sector Married people Public sector debt Small businesses Tax avoidance Taxation Tax rates and bands Tax evasion
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk