Proceeding contribution from Tom Blenkinsop (Labour) in the House of Commons on Friday, 23 March 2012. It occurred during Budget debate on Budget Resolutions and Economic Situation.
Budget Resolutions and Economic Situation
I find the Secretary of State's emphasis on infrastructure appealing, because infrastructure is needed. Unfortunately, the Office for Budget Responsibility has put the majority of growth for the foreseeable future down to personal consumption. Last Budget, it said that 12.5% of growth would come from private consumption. It now says that the figure is 37.5%. That is the very growth that the Government have now condemned.
Secondary information
- Type
- Proceeding contribution
- Reference
- 542 c1048
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Construction Airports Broadband Employment Excise duties Fuels High speed trains Heathrow Airport Railways Prices Overseas trade Transport Roads Tolls A14 Budget March 2012
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 16:30:48 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_820758
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