Income Tax (Charge)

Part of the debate – in the House of Commons at 3:51 pm on 22 November 2017.

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Photo of Chris Evans Chris Evans Labour/Co-operative, Islwyn 3:51, 22 November 2017

My hon. Friend speaks from experience as the chairman of the Co-operative party, and he is absolutely right that we need a thriving co-operative sector in this country. Again, if we want to talk about the past and the reason why we do not have a strong mutual sector in this country, it is because of the raid that the Tory Government of the 1980s allowed on many of these institutions, with the most famous example being Bradford & Bingley. We allowed people to become members, and then turned these institutions into plcs—and look where that got us. We need fundamental reform from this Government.