§ Mr. Simon HughesTo ask the Chancellor of the Exchequer if he will make a statement on the effects of the tax cuts announced in the Budget on the levels of consumer expenditure.
§ Mr. MajorThe Budget left the overall burden of taxation unchanged, and I therefore do not expect any significant immediate effects on total consumers' expenditure. In the longer run, by improving incentives and encouraging an enterprise economy, it will have916W boosted output, employment and exports, and allow a higher level of consumers' expenditure than would otherwise have been possible.