Finance Bill Debate

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Department: HM Treasury

Finance Bill

Diana Johnson Excerpts
Tuesday 28th June 2011

(12 years, 10 months ago)

Commons Chamber
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Diana Johnson Portrait Diana Johnson (Kingston upon Hull North) (Lab)
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In my constituency, 85 claimants of jobseeker’s allowance are chasing every vacancy. Would not a reduction in VAT assist those people?

David Hanson Portrait Mr Hanson
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My hon. Friend’s region of Yorkshire and Humberside has a 9.2% unemployment rate overall, compared with 5.7% in the south-east of England. For someone who is unemployed, the figure is 100% wherever they are. Nevertheless, there are regions of the United Kingdom where many people are chasing jobs, there is a lack of consumer confidence, traditional manufacturing and the retail industry are being hit by a lack of demand, and growth is not occurring, and the VAT increase has been damaging to all those things.