Part of Oral Answers to Questions — Treasury – in the House of Commons am 2:30 pm ar 16 Mawrth 2010.
Stephen Timms
Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Digital Britain) (also HM Treasury), Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills)
2:30,
16 Mawrth 2010
My hon. Friend is absolutely right. There is a great deal of concern among manufacturers about the Conservative party's proposals. I agree with the Engineering Employers Federation, which has described the proposals as a disaster for manufacturers. The Institute for Fiscal Studies said that the proposals
"would help companies that make large profits with little investment, at the expense of businesses that are investing heavily in the UK".
What we should be doing is supporting investment.
