Finance Bill

I want to take a few moments of the House’s time to go through a few points in the Bill that relate to my constituents. My hon. Friend the Member for Newcastle upon Tyne, North (Mr. Henderson) made some good points on the wider general implications of the Bill, but I want to look at its impact on my constituents and others in Staffordshire and to focus the debate more locally. The reasoned amendment refers to increasing competition from countries such as China and India and suggests that the Bill will cause difficulties and problems. Perhaps it is because I am a fairly straightforward and humble chap, but that argument confuses me somewhat. China, India and the far east have had an impact on the work that was done for many years in the mines in my constituency before they were closed—