My hon. Friend is entirely right. The additional tax raised from the banks amounts to £9 billion between 2010 and the present time, and a further £25 billion is projected over the current forecast period. Far from taxing the banks less over time—as, no doubt, the Opposition will shortly have us believe we have done—we are securing more tax revenues than we did in the past.
Finance (No. 2) Bill
Proceeding contribution from
Mel Stride
(Conservative)
in the House of Commons on Monday, 18 December 2017.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
633 c809 
Session
2017-19
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2018-01-09 17:46:26 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2017-12-18/17121834000074
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2017-12-18/17121834000074
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2017-12-18/17121834000074