Autumn Forecast Debate

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Department: HM Treasury

Autumn Forecast

George Mudie Excerpts
Monday 29th November 2010

(13 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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Yes, I can assure the hon. Gentleman that that is certainly not the purpose of the measure and that tax avoidance is what we are going to seek to avoid. The measure is there to keep pace with the changes in corporate tax regimes that have been introduced in many other countries, not only Ireland, which we have just been talking about, but countries such as Belgium and the Netherlands, which have also made corporate tax changes that attract international companies to headquarter there, rather than in the UK. We have to keep pace with those changes, which is why we are taking the measures that we are.

George Mudie Portrait Mr George Mudie (Leeds East) (Lab)
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The Chancellor and the Business Secretary have apparently postponed the long-awaited growth White Paper. Officials say that this is because of the lack of serious content. Can the Chancellor tell us when we can expect this long-awaited document? In which financial year?