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Finance Bill

My Lords, I do not believe that it misled the House. On that occasion we were discussing the basis on which the cycle is computed. If the ONS has updated the data to indicate that, in those earlier years, growth under this Government was higher than originally projected, that will have an impact on the analysis of when the cycle begins. That is what has happened. There is no change in the basis on which that is done; the information has simply been updated. As I said, the 2000 Budget Report showed that to be a provisional assessment that the cycle started in 1999. It has been clear in everything that the Government have said on that; the House has not been misled. On Question, Bill read a second time; Committee negatived. Then, Standing Order 47 having been dispensed with, Bill read a third time, and passed.