Albert Owen
Main Page: Albert Owen (Labour - Ynys Môn)Department Debates - View all Albert Owen's debates with the Cabinet Office
(9 years, 12 months ago)
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Albert Owen (Ynys Môn) (Lab)
Q1. If he will list his official engagements for Wednesday 26 November.
The Prime Minister (Mr David Cameron)
This morning, I had meetings with ministerial colleagues and others, and, in addition to my duties in this House, I shall have further such meetings later today.
Albert Owen
In April 2010, I agreed with the Prime Minister and Nick that VAT was a regressive tax. Indeed the Prime Minister went further and said that it was far more regressive than income tax. He then went on to break his pledge to the British people and hiked up VAT to 20%. May I give him an opportunity to restore his credibility on VAT and ask him to rule it out completely to pay for any future income tax cuts?
The Prime Minister
Our plans involve not putting up taxes, but continuing to grow our economy and create jobs. With regard to the long-term economic plan, the hon. Gentleman will be pleased to know that a new statistic has come out today. We used to say that there were 400,000 new businesses in Britain. I can now tell the House that, since 2010, there are 760,000 new businesses.