Finance Bill

Part of the debate – in the House of Commons at 5:54 pm on 6th July 2010.

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Photo of Lorely Burt Lorely Burt Chair of the Liberal Democrat Parliamentary Party 5:54 pm, 6th July 2010

The right hon. Lady answers her own question, although I was just coming on to this subject. When I had lunch with the manager of my local branch of John Lewis last week I asked him what difference the VAT increase would make to purchases at his store. He said, "Well, when it went down it didn't make a whole lot of difference to sales. When it goes up we don't necessarily think it'll make a whole lot of difference, either."

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