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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 Kwasi Kwarteng Kwasi Kwarteng Conservative, Spelthorne 4:45 pm, 23rd April 2013

The hon. Lady will appreciate that the 10-year gilt—the interest rate—has actually fallen in the past few months. That means that investors—people—have more confidence in the current Government and it is very likely that if, God forbid, Labour should ever form a Government, that 10-year rate will go up. What does she think about that?