UK Parliament / Open data

Finance Bill

Proceeding contribution from Tom Blenkinsop (Labour) in the House of Commons on Tuesday, 20 July 2010. It occurred during Debate on bills on Finance Bill.
I should like to echo my hon. Friend's words, especially given that the Government will reduce annual investment allowances by £75,000 under the Bill, which determines that a monetarist miracle will be export-led. Given that on emergency Budget day, the Engineering Employers Federation, which represents manufacturers, said:"““Reducing the corporation tax rate over time…might be a positive signal for large companies, but not for their suppliers””," how will that meet export-led targets that are predicted, yet not witnessed since 1945, especially when the majority of nations' economies are contracting?
Type
Proceeding contribution
Reference
514 c224 
Session
2010-12
Chamber / Committee
House of Commons chamber
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