The hon. Gentleman was not in the House at the time, but the reduction in VAT was part of the fiscal stimulus that kept the economy afloat during the most dangerous parts of the credit crunch. The growth figures for the early part of this year show that that fiscal stimulus package was working.
Finance (No. 2) Bill
Proceeding contribution from
Angela Eagle
(Labour)
in the House of Commons on Monday, 11 October 2010.
It occurred during Debate on bills on Finance (No. 2) Bill.
About this proceeding contribution
Reference
516 c59-60Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 18:15:49 +0000
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