Orders of the Day — Budget Resolutions and Economic Situation

Part of the debate – in the House of Commons at 5:30 pm on 10th March 1999.

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Photo of John Redwood John Redwood Shadow Secretary of State for Trade and Industry 5:30 pm, 10th March 1999

Will the Secretary of State confirm, as does the Red Book, that business will face a tax increase as a result of this Budget in 1999–2000, the immediate relevant year? We cannot be sure what will happen in two years, because there will be more Budgets. For the year that we can be sure about—the coming year, 1999–2000—the figures show an increase in business taxation, do they not?