Budget Resolutions and Economic Situation — Amendment of the Law

Part of Provisional Collection of Taxes – in the House of Commons at 2:09 pm on 20th March 2013.

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Photo of Paul Farrelly Paul Farrelly Labour, Newcastle-under-Lyme 2:09 pm, 20th March 2013

Today, the Chancellor announced an extra £3 billion of annual public sector investment, but in the 2010 spending review public sector investment was cut by £9 billion a year. Does the right hon. Gentleman agree that in hindsight the Business Secretary was right and that those drastic, immediate cuts were a mistake?