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Mortgage Interest Payments

Part of Orders of the Day — Finance Bill – in the House of Commons at 8:30 pm on 15th July 1997.

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Photo of Mr Tim Collins Mr Tim Collins Conservative, Westmorland and Lonsdale 8:30 pm, 15th July 1997

I am grateful to my hon. Friend, and I am also grateful that the Financial Secretary to the Treasury is paying attention. Had she been in the Chamber for the previous debate, she would know that the entirety of the Paymaster General's argument for the windfall tax was that it was in the manifesto which was endorsed by the public, and therefore it must go through. That argument cannot apply to what we are considering now. The reduction in MIRAS was not in the manifesto, nor was it addressed in the election campaign. There is no mandate for it.