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Mortgage Interest Payments

Part of Orders of the Day — Finance Bill – in the House of Commons at 8:15 pm on 15th July 1997.

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Photo of Geraint Davies Geraint Davies Labour, Croydon Central 8:15 pm, 15th July 1997

I do not know whether this says anything about the hon. Gentleman, but the chairman of Ford chose to sit at my table, not his. Because of that, the hon. Gentleman would not be aware of all the comments were made. Obviously Ford does not represent the British economy. It has a mixed view of different exchange rates because it spends on inputs and outputs and it acts on a European and global basis, but we had an enjoyable time.

I shall not dwell on the matter any further. The point is simple. The amendment does not stand up to any interrogation. It does not command much Opposition support, as we have seen from both the quantity and the quality of commentary. Moreover, the Budget, in terms of the financial markets, share values and the British public's level of confidence, has been given the thumbs up. I am happy to suggest that hon. Members do not support the amendment.