Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Tuesday, 24 April 2012. It occurred during Debate on Section 5 of the European Communities (Amendment) Act 1993.
Section 5 of the European Communities (Amendment) Act 1993
That is the key point. The hon. Gentleman quoted from the 1993 Act—a Tory Act, of course—about the need to submit information to the European Commission, including information on industrial investment. We have seen forecasts of 6.7% business investment growth ending up being a negative 0.8% out-turn. He is thus absolutely right that the Red Book is not credible in terms of the objective set out in the 1993 Act.
Secondary information
- Type
- Proceeding contribution
- Reference
- 543 c866-7
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Income tax Financial markets EU action Economic and monetary union EU economic policy Economic policy Economic growth Tax rates and bands Economic recession Stability and Growth Pact Office for Budget Responsibility Budget March 2011
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 17:00:31 +0000
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