§ 21. Helen JacksonTo ask the Secretary of State for Trade and Industry what assessment he has made of the impact of the Chancellor's Budget statement on the steel and engineering industries. [77055]
§ Mr. BattleBy locking in the economic stability that our policies have already achieved, such as low inflation, and through our programme of targeted tax cuts, such as the reduction in Corporation tax to the lowest rate of any major industrialised country anywhere in the world, sectors such as steel and engineering should benefit and have a stable climate in which to compete.