B

Baroness Kramer (LD)

Speaking in the House of Lords on 9 October 2024

Debate

UK Economy: Capital Gains Tax

Contribution

My Lords, during the Conservative years, capital gains tax was held in the mid range of developed economies, but having an attractive rate, frankly, did nothing to stimulate either business investment or productivity growth. Could the Minister assure us that any increase in capital gains tax will be in the context of a credible and powerful strategy for economic growth, including both an industrial strategy and an ambitious plan for infrastructure?

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