Does my right hon. Friend agree that we need to be very careful about believing any of these forecasts from the OBR and the Bank of England? They said that inflation would be down at under 2% just a few months ago and have now had to change their mind. Does he also agree that when Lord Lawson cut income tax rates, we had a surge of extra revenue?
Budget Resolutions
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Wednesday, 27 October 2021.
It occurred during Budget debate on Budget Resolutions.
Type
Proceeding contribution
Reference
702 c295
Session
2021-22
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2024-08-05 11:17:39 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2021-10-27/21102751000024
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