Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(12 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I am very happy to look into the specific situation for businesses in Ashfield if the hon. Lady wants to write to me—or we can meet and I will see what I can do to help. Businesses in Ashfield and elsewhere across the east midlands are eligible for the regional growth fund. We have put more money into the fund and made substantial transport improvements in the east and west midlands, which I hope will also benefit businesses in her constituency.

Alun Cairns Portrait Alun Cairns (Vale of Glamorgan) (Con)
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I warmly welcome the Chancellor’s statement and pay particular tribute to the increase in the pension draw-down limit and the increase in the ISA allowance. Will the Chancellor tell the House when he expects them to be implemented?

George Osborne Portrait Mr Osborne
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The ISA uprating takes place as normal. The draw-down limit will be in the Finance Bill, which we will introduce next week.