UK Parliament / Open data

Pre-Budget Report

Ministerial statement on Monday, 24 November 2008, in the House of Commons, led by Lord Darling of Roulanish.
Statement on the pre-budget report 2008 (Cm 7484).
Type
Parliamentary proceeding
Reference
483 c489-521 
Session
2007-08
Department
Treasury
Chamber / Committee
House of Commons chamber
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House of Commons (HoC) Tabled Parliamentary Question 2007-08 239949
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Proceeding contributions
George Osborne | 483 c504-6 (Link to this contribution) Listening to the Chancellor's speech, no one can doubt now that the Prime Minister's claim to have a...
Lord Darling of Roulanish | 483 c496-503 (Link to this contribution) If we see a stronger—[Interruption.] If we see a stronger economy and increased tax revenues, we wi...

Show all contributions (93)
George Osborne | 483 c506-7 (Link to this contribution) The hon. Member for Blyth Valley (Mr. Campbell) is very excited because he has his U-turn on the veh...
Speaker | 483 c506 (Link to this contribution) Order. Mr. Campbell, try and break the habit of a lifetime and be quiet. While I am on my feet, Mr. ...
Lord Darling of Roulanish | 483 c494-6 (Link to this contribution) This means that the projection for the underlying budget deficit, excluding investment, will be 2.8 ...
Speaker | 483 c496 (Link to this contribution) Order. Let the Chancellor speak.
Lord Darling of Roulanish | 483 c490-3 (Link to this contribution) The Crown dependencies, such as the Isle of Man and the Channel Islands attract banking customers wi...
Lord Darling of Roulanish | 483 c489-90 (Link to this contribution) My pre-Budget statement today is made against a background of economic uncertainty not seen for gene...
Speaker | 483 c490 (Link to this contribution) Order. You must be quiet, Mr. Fabricant. If I can keep you quiet now, I can keep the Government side...
Chris Mullin | 483 c513 (Link to this contribution) Although there is much to be welcomed in my right hon. Friend's statement, his announcement on empty...
Lord Darling of Roulanish | 483 c513 (Link to this contribution) One problem that we face is that we undoubtedly have the world's largest financial centre and, becau...
Lord McCrea of Magherafelt and Cookstown | 483 c514 (Link to this contribution) Will the Chancellor tell us what specific steps he intends to take to address the extortionate inter...
Lord Darling of Roulanish | 483 c513-4 (Link to this contribution) I did look at whether the relief should be concentrated on regeneration areas, but the problem was t...
Dari Taylor | 483 c514 (Link to this contribution) I most warmly welcome the statement. I particularly welcome the new tax on salaries of over £150,000...
Lord Darling of Roulanish | 483 c514 (Link to this contribution) As I have said on a number of occasions, it is important that banks behave reasonably towards their ...
Adam Afriyie | 483 c514 (Link to this contribution) Does the Chancellor accept any responsibility whatsoever for the economic difficulties faced by peop...
Lord Darling of Roulanish | 483 c514 (Link to this contribution) I agree with my hon. Friend: I believe that the tax system needs to be fair. Many people who earn qu...
Lord Darling of Roulanish | 483 c514 (Link to this contribution) The Conservative party, alone in the world, is trying to make out that, somehow, nowhere else in the...
John McDonnell | 483 c515 (Link to this contribution) My right hon. Friend has announced a further £5 billion-worth of efficiency savings within the publi...
Speaker | 483 c512 (Link to this contribution) Order. I hope that the right hon. Member will now put his question quickly.
Frank Dobson | 483 c512 (Link to this contribution) May I congratulate my right hon. Friend on his decision to pump extra money into the economy? May I ...
Speaker | 483 c512 (Link to this contribution) Order. A considerable number of Members are hoping to catch my eye. We will all be helped if Members...
Lord Darling of Roulanish | 483 c513 (Link to this contribution) Of course, interest rates are now substantially lower than they were in the past. The result is that...
Michael Fallon | 483 c513 (Link to this contribution) Will the Chancellor confirm that we will now be paying more in debt interest on all his borrowing th...
Lord Darling of Roulanish | 483 c512 (Link to this contribution) I am inclined to agree. It is obvious from what we have heard this afternoon that the Conservative p...
Frank Dobson | 483 c512 (Link to this contribution) Does my right hon. Friend agree that his proposals are better than a few shouted slogans from a Tory...
George Howarth | 483 c513 (Link to this contribution) I congratulate my right hon. Friend on the targeted approach that he has taken, which is a fair resp...
Lord Darling of Roulanish | 483 c511 (Link to this contribution) I understand, from what the right hon. and learned Gentleman said on Saturday, that he thought a red...
Lord Clarke of Nottingham | 483 c511 (Link to this contribution) Given that the Chancellor has turned to a temporary fiscal stimulus, as he was bound to do, because,...
Lord Darling of Roulanish | 483 c511 (Link to this contribution) Yes. I believe that it is affordable. To put it another way, I share the view held by many that if w...
Lord Darling of Roulanish | 483 c510-1 (Link to this contribution) I am grateful to my right hon. Friend, who rightly says that in addition to everything that I have a...
Lord McFall of Alcluith | 483 c510 (Link to this contribution) In these serious and profoundly risky global times—witness the fate of Citigroup, the biggest financ...
Gerald Kaufman | 483 c511-2 (Link to this contribution) May I thank my right hon. Friend for the announcement that he has made of enhanced investment in pub...
Lord Darling of Roulanish | 483 c512 (Link to this contribution) My right hon. Friend is right to draw attention to the fact that what happened 20 years ago meant th...
Lord Howard of Lympne | 483 c512 (Link to this contribution) The Chancellor told us that if the economy performs more strongly than he predicts—however unlikely ...
Lord Darling of Roulanish | 483 c512 (Link to this contribution) I made it clear that we will of course review the position, as we would from Budget to Budget, but I...
Lord Darling of Roulanish | 483 c508 (Link to this contribution) It is clear from all we have seen this afternoon that the Conservative party is reverting to type, a...
Speaker | 483 c508 (Link to this contribution) Order. We must have order. [Interruption.] Order. We must have order. The Chancellor is in order; if...
Lord Darling of Roulanish | 483 c507 (Link to this contribution) The hon. Gentleman—[Interruption.] The hon. Gentleman is right about one thing: there is a very cle...
Lord Darling of Roulanish | 483 c509-10 (Link to this contribution) Although I do not agree with a lot of what the hon. Gentleman said, his response was a great deal mo...
Speaker | 483 c508 (Link to this contribution) Order. Mr. Mackay, do not shout across the House. [Interruption.] Order. We must have good order. Th...
Vincent Cable | 483 c508-9 (Link to this contribution) Perhaps I may start with some of the positive points with which we can agree: the statement on repos...
Speaker | 483 c508 (Link to this contribution) Order. Mr. Grayling, I have asked for order. I expect a Front Bencher to respect the Chair. [Interru...
Lord Darling of Roulanish | 483 c508 (Link to this contribution) Not only are the Conservatives not listening to anyone in the House; the problem with them is that t...
Lord Darling of Roulanish | 483 c519 (Link to this contribution) As I said a few moments ago to the hon. Member for St. Albans (Anne Main), any price reduction would...
Rob Marris | 483 c519 (Link to this contribution) In what way will the welcome measures in the pre-Budget report assist manufacturing, which is so imp...
Lord Darling of Roulanish | 483 c519 (Link to this contribution) In two ways, I believe. First, the general impact of putting £18 billion into the economy between no...
John Baron | 483 c520 (Link to this contribution) The Government have not denied that, after this pre-Budget report, they will have borrowed more than...
Lord Darling of Roulanish | 483 c520 (Link to this contribution) Today, I set out proposals that involve additional spending now to support the economy, but I also s...
David Anderson | 483 c520 (Link to this contribution) It is obvious from the speech by the shadow Chancellor that his attitude is the same as that which h...
Lord Darling of Roulanish | 483 c520 (Link to this contribution) My hon. Friend makes an extremely powerful point, because many people in this country remember what ...
Andrew MacKay | 483 c520 (Link to this contribution) The shadow Chancellor asked three very specific questions. Why did the Chancellor not even attempt t...
Lord Darling of Roulanish | 483 c520 (Link to this contribution) I thought that most of what the shadow Chancellor was getting at made it very clear that he had abso...
Mark Lazarowicz | 483 c521 (Link to this contribution) I share my right hon. Friend's disappointment at the fact that the Scottish Government have not yet ...
Stewart Hosie | 483 c518 (Link to this contribution) On the help for families, we welcome the VAT cut and the vehicle excise duty changes, but question w...
Lord Darling of Roulanish | 483 c518 (Link to this contribution) No, because the money is being re-profiled. As I said, and as the hon. Gentleman said, it is not new...
Lord Darling of Roulanish | 483 c517-8 (Link to this contribution) I agree with my hon. Friend. Countries and organisations around the world, and many respected commen...
John Redwood | 483 c518 (Link to this contribution) In his speech, the Chancellor said that this year's borrowing would be £78 billion, but the Budget b...
Lord Darling of Roulanish | 483 c519 (Link to this contribution) I gave the House the borrowing figures, as the House would expect. I am also laying before the House...
Gordon Prentice | 483 c518 (Link to this contribution) This is warm homes week, and it is freezing cold in Pendle, so I welcome the additional £100 million...
Lord Darling of Roulanish | 483 c518 (Link to this contribution) I hope so. I hope that the relevant Secretaries of State will be able to ensure that that is precise...
David Heath | 483 c519 (Link to this contribution) The Chancellor appears to have completely abandoned the normal purdah before budgetary announcements...
Lord Darling of Roulanish | 483 c519 (Link to this contribution) I have not done that, but I did notice that the chairman of the CBI said this morning that"““this fi...
Lord Darling of Roulanish | 483 c516 (Link to this contribution) I think that any family would welcome any reduction in prices that they can possibly get. If those r...
Nigel Griffiths | 483 c516 (Link to this contribution) Does my right hon. Friend not realise how welcome the cut in VAT is—the second major cut from a Labo...
Lord Darling of Roulanish | 483 c517 (Link to this contribution) On the latter point, I think that most people have noticed that. On my hon. Friend's substantive poi...
Lord Risby | 483 c517 (Link to this contribution) Will the Chancellor explain why so many OECD countries built up budgetary surpluses in the past few ...
Lord Darling of Roulanish | 483 c517 (Link to this contribution) If the hon. Gentleman cares to look at the position of most countries of comparable size to ours, he...
Nick Palmer | 483 c517 (Link to this contribution) Some of the Conservative press this morning described today's statement as a gamble; does my right h...
Lord Darling of Roulanish | 483 c516-7 (Link to this contribution) My hon. Friend is right. I am sorry that the right hon. and learned Member for Rushcliffe (Mr. Clark...
Lord Young of Cookham | 483 c517 (Link to this contribution) The largest item in the Chancellor's package today is the £12.5 billion reduction in VAT. What perce...
Lord Darling of Roulanish | 483 c517 (Link to this contribution) Of course it is the case that some goods are imported, but it is also the case that if people go int...
Clive Efford | 483 c517 (Link to this contribution) I welcome the business payment support service that my right hon. Friend is setting up. I spoke to t...
Lord Darling of Roulanish | 483 c515 (Link to this contribution) On efficiency savings, I find it hard to believe that a Government who spend—certainly, directly, if...
Gordon Banks | 483 c516 (Link to this contribution) I welcome my right hon. Friend's announcements on small and medium-sized businesses throughout the U...
Lord Darling of Roulanish | 483 c516 (Link to this contribution) Yes, I can give that undertaking. It is important that we recognise that the housing industry has be...
Robert Smith | 483 c515 (Link to this contribution) Many of my constituents are beginning to be quite concerned about the future of the North sea oil an...
Lord Darling of Roulanish | 483 c515-6 (Link to this contribution) I understand people's concerns, particularly with the oil price coming down. Although that has many ...
Lord Field of Birkenhead | 483 c515 (Link to this contribution) May I bring the Chancellor back to the 6 million taxpayers who are still losers after the abolition ...
Lord Darling of Roulanish | 483 c515 (Link to this contribution) My right hon. Friend will recall that, when he and I discussed the issue earlier this year and when ...
Lord Tyrie | 483 c515 (Link to this contribution) Will the Chancellor tell us which, if any, of the immense problems that the country now faces today ...
Anne Main | 483 c516 (Link to this contribution) Is the Chancellor seriously telling us that when we can get 20, 40, 70 per cent. off on the high str...
Lord Darling of Roulanish | 483 c521 (Link to this contribution) Given that the First Minister of Scotland has at his disposal nearly double what our late colleague ...
Speaker | 483 c521 (Link to this contribution) Order. We must now proceed to the main business.
Lord Darling of Roulanish | 483 c513 (Link to this contribution) I stand corrected. I might also say, in relation to the point that was just made by the hon. Member...
Andrew Love | 483 c519 (Link to this contribution) Has my right hon. Friend taken the opportunity, through the Treasury's model of the economy, to crun...
Lord Darling of Roulanish | 483 c515 (Link to this contribution) I would have more respect for the hon. Gentleman if he or his colleagues could come up with a single...
Speaker | 483 c496 (Link to this contribution) Order. Mr. Robathan, I expect better from the shadow deputy Chief Whip.
Alistair Burt | 483 c513 (Link to this contribution) Will the Chancellor now answer one of the questions posed by my hon. Friend the Member for Tatton (M...
Subjects
Business
Corporation tax
Banks
Credit
Investment
Financial institutions
Financial markets
Government shareholding
Economic situation
Inflation
Forecasts
National income
Public sector
National insurance contributions
Small businesses
Tax allowances
Taxation
VAT
Tax rates and bands
Stock market
World economy
Pre-Budget report 2008
Contains statistics
Yes
Link
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