Stamp Duty (Temporary Provisions) Bill

Part of the debate – in the House of Commons at 10:19 pm on 20th January 1992.

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Photo of Dr John Marek Dr John Marek , Wrexham 10:19 pm, 20th January 1992

My hon. Friend is right. I hope that he will seek to catch your eye later in the debate, Mr. Deputy Speaker, with a view to advancing those arguments. There is nothing in the Bill from which anyone in difficulties can take consolation.

The Government have a large majority in the House, although they obtained only 42 per cent. of the vote in 1987, and I do not fancy my chances, along with my right hon. and hon. Friends, of beating them, in trying to improve the Bill or in adding to it measures that would make the Bill more acceptable and protect those who are in difficulties with their mortgage arrears or who have had their homes repossessed. We shall, however, have to wait and see.

The green shoots of the economy have, unfortunately, been frozen off. The plant was left outside in the back garden and the frost has got it. That is being admitted by the Government, including the Prime Minister. There are many glum faces among Members on the Government Benches.