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Capital Gains Tax (Rates)

Part of the debate – in the House of Commons at 5:00 pm on 23rd June 2010.

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Photo of David Evennett David Evennett Conservative, Bexleyheath and Crayford 5:00 pm, 23rd June 2010

I thank my hon. Friend for highlighting the point that I was making with a practical example from his constituency of how things have gone wrong and need to be rectified.

In view of the time and the fact that other people wish to speak, I shall draw my remarks to a conclusion. Yesterday, my right hon. Friend the Chancellor said that this was a Budget to show the world that Britain was open for business again, and I believe that he was right. The measures included in it will ensure that our country and all of its people are on the road-a rapid road, I hope-to recovery and prosperity.

This country has a potentially great future. What we need are the Government and the measures to encourage that development so that we can make progress along that road. I believe that we have that in this new coalition Government. I think that we are on our way, and that this Budget is an important step to ensuring the future progress and success of our economy.

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