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My Lords, I congratulate the Chancellor on his change of heart. I am sure that he is encouraged by yesterday’s debate here on the Budget and the contributions of my noble friends Lord Flight and Lady Altmann and the noble Lord, Lord Bilimoria, and others. I welcome this measure for self-employed business, but can the Minister make representations to the Chancellor on the subject of...
My Lords, looking at the UK economy in the light of the Budget Statement, as always I hope to give a balanced view. The good news is that forecasts for UK growth this year have been raised from 1.4% to 2%. Inflation remains low. The budget deficit continues to be forecast to be coming down. Corporation tax is being cut to a very competitive rate. Personal saving is being encouraged by a...
Entered the House of Lords in 1990
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