Finance Bill

Part of the debate – in the House of Commons at 4:31 pm on 6th July 2010.

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Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury 4:31 pm, 6th July 2010

Those are not my figures; those are the figures that the independent Office for Budget Responsibility produced. By the way, the figures that the previous Government put forward contained hopelessly over-optimistic forecasts for economic growth. In this Budget, we are taking measures to reduce corporation tax, to reduce the small companies rate of corporation tax and to tackle the Labour jobs tax on national insurance, all of which will help to support business development. Those measures, which I shall come on to if I get the chance during my speech, will all help to stimulate economic growth in the private sector, and that is the best way to lead this country out of the economic mess that we are in.

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