UK Parliament / Open data

Finance (No. 2) Bill

Proceeding contribution from Steve McCabe (Labour) in the House of Commons on Tuesday, 18 April 2017. It occurred during Debate on bills on Finance (No. 2) Bill.

I want to follow the hon. Member for Vale of Clwyd (Dr Davies) in addressing my remarks to part 3 of the Bill and the chargeable soft drinks levy.

I was struck by the Minister’s comments about the Government’s remarkable record on borrowing. I wonder whether she has had an opportunity to look at the work of Professor Richard Murphy of the University of London, who has done a rather extensive comparative study of Labour and Conservative Governments over a 70-year period, which shows quite clearly that Labour in office always, on average, borrows less than the Conservatives, and always pays back more while in office. That is not quite the impression that the Minister may have tried to convey.

Type
Proceeding contribution
Reference
624 c601 
Session
2016-17
Chamber / Committee
House of Commons chamber
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