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Clause 2 - Personal allowance for 2013-14 for those born after 5 April 1948

Part of Finance (No. 2) Bill – in a Public Bill Committee at 4:45 pm on 23rd April 2013.

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Photo of Stephen Williams Stephen Williams Liberal Democrat, Bristol West 4:45 pm, 23rd April 2013

Of course the credit ratings are important—no one would deny that—and they benchmark our country against other countries, which have also seen a fall in their ratings. However, surely the most important measure is the rate at which the country can borrow in the international markets. Would the hon. Lady like to tell us at what rate the UK Government currently sell their debt compared with a month ago? I think she will find that it has fallen.