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Department: HM Treasury

Aidan Burley

Main Page: Aidan Burley (Conservative - Cannock Chase)

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Tuesday 22nd March 2011

(13 years, 1 month ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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I am grateful to the hon. Gentleman for his question. I, too, have received many representations on this point. Of course, we keep VAT under review within the restrictions that exist.

Aidan Burley Portrait Mr Aidan Burley (Cannock Chase) (Con)
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Is the Minister aware that according to the Institute for Fiscal Studies, if we only halve the deficit rather than close it completely over the lifetime of this Parliament, we will spend an extra £10 billion on interest? Does he think that that is money that would be better spent on schools and hospitals in this country rather than foreign investment bankers?

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