Finance Bill

I congratulate the hon. Gentleman on the logic of his case. He has pinned the Government down on their branding of the Budget as an emergency Budget. If it is an emergency Budget, there should be room for manoeuvre and time-limiting. Perhaps the mirror image of this proposal is the reduction in VAT that the previous Government put in place to deal with a particular set of circumstances at an early point in the recession. The hon. Gentleman might be a novice in these matters, as he said earlier, but his logic is impeccable.