Lord Livermore
Main Page: Lord Livermore (Labour - Life peer)Department Debates - View all Lord Livermore's debates with the Cabinet Office
(4 years, 4 months ago)
Lords ChamberMy Lords, to follow on from the question asked by the noble Lord, Lord Young of Cookham, in addition to promising not to
“borrow to fund day-to-day spending”,
the Government’s manifesto promised not to
“raise the rate of income tax, VAT or National Insurance”,
not to increase any taxes on small businesses and to “keep the triple lock” on pensions. Is the Minister able to guarantee that these commitments remain unchanged in light of the Covid-19 pandemic?
My Lords, I am absolutely delighted that the noble Lord is such an avid reader of the Conservative manifesto; I hope he found it improving reading. I repeat that my right honourable friend the Chancellor of the Exchequer will make a financial statement later this year.