Finance Bill

I will be delighted to search back in Hansard and give the hon. Gentleman chapter and verse on what I have done in relation to VAT. The bottom line is that we have a 2.5% rise now, designed as a political choice to tackle a deficit over a fixed term, that is the wrong strategy to begin with. However, this is symptomatic of that strategy and emblematic of the problem, and as I shall come on to say, in the end it will lead to the poorest in the country paying the highest price for the political choices that this coalition is making.