Speeches sourced from the Labour party’s online archive More…

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, commenting on the Finance Bill votes this evening said:

"The Government has seen its House of Commons majority cut to its smallest level since the vote on tripling tuition fees in 2010. But despite tonight's rebellions, David Cameron and George Osborne have got their way on adding 20 per cent VAT to hot pasties, static caravans and church improvements, while giving the very richest earners a £3 billion tax cut.

"This out of touch Government has ignored concerns from MPs of all parties about the damaging impact on businesses and families of the unfair and ill-thought through changes announced in this botched Budget.

"MPs will tomorrow have a chance to stop the tax rise on pensioners - the granny tax - which will see millions of pensioners pay more while millionaires pay less. I hope more Conservative and Lib Dem MPs will stand up for their constituents and vote with us tomorrow."

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