Proceeding contribution from Barry Gardiner (Labour) in the House of Commons on Monday, 17 October 2022. It occurred during Ministerial statement on Economic Update.

Economic Update

I genuinely welcome many of the announcements that the Chancellor has made today and the stability that they will produce, and I wish him well for all our sakes in his new role. I want to focus his attention back on the young couple seeking to purchase their first home. They fear that the housing shortage means that the cut in stamp duty will not benefit them, but will simply raise the price of property and benefit existing homeowners—or have he and his party managed to abolish the law of supply and demand in the last 24 hours?

Secondary information

Type: Proceeding contribution
Reference: 720 c424
Session: 2022-23
Chamber / Committee: House of Commons chamber
Subjects: Alcoholic drinks Corporation tax Borrowing Income tax Excise duties Investment income Fiscal policy Financial markets Economic situation Public expenditure Overseas visitors Public finance Public sector debt Taxation VAT Retail trade Tax rates and bands Stamp duty land tax Off-payroll working Health and social care levy Annual investment allowance Energy price guarantee Economic Advisory Council
Link: View this Proceeding contribution on hansard.parliament.uk

Economic Update

Secondary information

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