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Review of effects on public finances

Part of Finance (No. 3) Bill – in the House of Commons at 7:15 pm on 8th January 2019.

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Photo of Edward Davey Edward Davey Liberal Democrat Spokesperson (Home Affairs) 7:15 pm, 8th January 2019

Having taken that wonderful intervention, I bring it to the House’s attention that Mr Bone has signed my new clause. It is bringing the House together at a time when elsewhere it is divided.

I end on what this loan charge and its retrospective nature have meant for our constituents. It has caused misery. It has affected people’s lives, their health, their families. It has caused gross misery. Some people believe they will have to go bankrupt if they are forced to pay, or that they might lose their homes, and that is why the House is united against this retrospective action. I really hope that the Minister will get to his feet, accept the new clause, go ahead with the review and bring it back before the end of the tax year, so that the House can see it and vote on it.