Taxation Freedom Day Bill

Debate between Nigel Evans and Charlie Elphicke

Friday 25th November 2011 Commons Chamber

[Charlie Elphicke]

But would that extra borrowing not put at risk our interest rates? I do not know whether the hon. Lady is aware, but today the interest rates on UK gilts are lower than those on German bunds. I do not know when that last happened. The risk is that if we borrow more, interest rates will be higher, which will have vastly more negative effects on our economy than the current spending squeeze—

[Mr Deputy Speaker (Mr Nigel Evans)]

Order. I do not want this turned into a general economics debate. I ask the hon. Lady to focus on the Bill.

[Charlie Elphicke]

May I finish first, Mr Deputy Speaker? That would delay tax freedom day.

The Economy

Debate between Nigel Evans and Charlie Elphicke

Wednesday 22nd June 2011 Commons Chamber

[Charlie Elphicke]

rose—

[Mr Deputy Speaker (Mr Nigel Evans)]

Order. An hon. Member has been accused of misleading the House. I assume that the hon. Lady meant unintentionally misleading it. She should withdraw that comment.