Economy: Impact of UK Withdrawal from EU

Part of Treasury – in the House of Commons at on 7 February 2023.

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Photo of Jeremy Hunt Jeremy Hunt The Chancellor of the Exchequer

First, I congratulate my hon. Friend on his extraordinary campaigning for Eden Project North, which is a model for MPs standing up for their constituencies; he deserves huge congratulations on that. I will happily look at his proposals on VAT tapering. We already have the highest VAT threshold in the G7, but anything we can do to help small businesses, this Conservative Government always do.