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Proceeding contribution from Baroness Ritchie of Downpatrick (Social Democratic & Labour Party) in the House of Commons on Monday, 26 March 2012. It occurred during Budget debate on Amendment of the Law.


Budget Resolutions and Economic Situation

This Budget will not deliver on growth and it will not deliver on fairness, and it does not surprise me that it has been met with such a degree of concern and resentment. It has demonstrated missed opportunities, misplaced priorities, and a distinct lack of imagination. Ultimately it may hinder, not help, the families and businesses right across Northern Ireland who are struggling at this difficult time. Now is the time to stimulate growth in our economy, not the time to hand a £42,000 a year tax cut to millionaires through the 45p rate. Aside from that, my party has three primary concerns about the Budget—the refusal to act on fuel prices, the attack on pensioners' incomes—


Secondary information

Type
Proceeding contribution
Reference
542 c1220-1 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Capital investment Budgets Culture Broadband ICT Innovation Intellectual property Welfare tax credits State retirement pensions Research Tax rates and bands Cuts Budget March 2012 High income child benefit tax charge
Link
View this Proceeding contribution on www.publications.parliament.uk