Businesses

Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 18 Ebrill 1991.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Norman Lamont Mr Norman Lamont , Kingston upon Thames 12:00, 18 Ebrill 1991

The right hon. Gentleman seems to be suggesting that we should bring back stock relief—that we should adjust the tax system to accommodate inflation. I do not agree with that approach; I think that the correct policy is to reduce inflation.