Lord Bridges of Headley
Main Page: Lord Bridges of Headley (Conservative - Life peer)Department Debates - View all Lord Bridges of Headley's debates with the HM Treasury
(1 day, 19 hours ago)
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Lord Livermore (Lab)
I am grateful to the noble Baroness for her question. It was premised on a hypothetical, and I am not going to speculate on the next Budget now. I absolutely understand the issues that she is raising, and I am very happy to take those points back to my colleagues in the Treasury.
Lord Bridges of Headley (Con)
My Lords, the Minister has said several times in this Chamber that the Government have no present plans to introduce a tourism levy. Will he repeat the same pledge about a wealth tax?
Lord Livermore (Lab)
I am grateful to the noble Lord for his question, and I should start by wishing him a very happy birthday. I have said what I have said on tax. I am not going to give a running commentary on the fiscal forecast, nor am I going to speculate on tax rises now. As I said, we will do things in the usual way. The Chancellor will ask the OBR to produce a new forecast in the autumn for the annual Budget and will take decisions on that based on that forecast.