Budget Resolutions and Economic Situation

Matt Hancock Excerpts

Thursday 21st March 2013 Commons Chamber

[Ed Balls]

For absolute clarity, I asked the Chancellor and the Business Secretary whether the scheme applied to buy-to-let properties, and whether it would allow second homes. Neither of them knew. The Business Secretary said that it had not been decided, but in fact the document has been published and states that the scheme does not apply to buy-to-let properties, but it does allow second homes. The accusation stands. Is that true? It is not in the document; are they going to amend it?

[The Parliamentary Under-Secretary of State for Skills (Matthew Hancock)]

Is it in the document or not?

[Ed Balls]

It is not in the document—[Interruption.]