My hon. Friend is absolutely right. A £100 billion black hole has been created by fiddling the growth figures between the Budget earlier this year and the pre-Budget report now. We know that at least part of the Government's plan is to fill that hole with the 18.5 per cent. VAT rate.
Pre-Budget Report
Proceeding contribution from
George Osborne
(Conservative)
in the House of Commons on Wednesday, 26 November 2008.
It occurred during Emergency debate on Pre-Budget Report.
Type
Proceeding contribution
Reference
483 c742
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 23:20:07 +0000
URI
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