Clause 62 - First-year allowances for expenditure wholly for a ring fence trade
Finance Bill
12:45 pm
Ms Ruth Kelly (Financial Secretary, HM Treasury; Bolton West, Labour)
For the record, perhaps I may set out the cost of the measure. In 2002-03, it will cost £400 million; in 2003-04, £650 million; and in 2004-05, £500 million. Perhaps that will satisfy the hon. Gentleman that I am taking this issue seriously.
It being One o'clock, The Chairman adjourned the Committee without Question put, pursuant to the Standing Order.
Adjourned till this day at half-past Four o'clock.