Clause 7 — Charge and main rates for financial year 2010

Part of Surface Water and Highway Drainage Charges (Exemption) Bill – in the House of Commons at 5:45 pm on 12 May 2009.

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Photo of Rob Marris Rob Marris Labour, Wolverhampton South West 5:45, 12 May 2009

May I take my right hon. Friend back a few sentences? I think that he said that the Government's aim was to keep the UK's corporation tax the lowest in the G7. Does that mean that, if Jim Flaherty in Canada achieved his aspiration of dropping corporation tax to 15 per cent., the UK Labour Government would follow that figure on a beggar-my-neighbour downwards approach?