Business

Lord Peston Excerpts

Tuesday 29th May 2012 Lords Chamber

[Lord Strathclyde]

I am very happy to answer, but if any more want to join in this debate—

[Lord Peston]

I have a simple question. I have never eaten a Cornish pasty in my life and I do not propose to start now. I gather that the comparison is with boeuf en croute, which is another matter. Where I am a bit lost is that from the answer the noble Lord the Leader of the House gave to my noble friend the Leader of the Opposition I could not work out whether his argument is that this is a trivial matter and therefore we should not be fussing. Can we assume that no one from the Treasury will in due course say, “What a great thing we have done because it was a totally trivial matter”?

[Lord Kennedy of Southwark]

My Lords, is the noble Lord aware that yesterday HMRC increased the tax on skips depositing in landfill sites from £2.50 per tonne to £64 per tonne, with no notice? That is an increase of nearly 2,500%. I thought that those sorts of figures were from wonga.com, not HMRC. Is he not aware of the great risk to business that causes and that it should therefore have been brought to Parliament and announced here?