I thank my hon. Friend for giving way so early in what I think is a rather important speech. Does he agree that many small businesses are not involved in research and development and may not invest on an annual basis that would enable them to qualify for changes in...

I thank my hon. Friend for giving way so early in what I think is a rather important speech. Does he agree that many small businesses are not involved in research and development and may not invest on an annual basis that would enable them to qualify for changes in...

It is a slur that is so serious that I must give the hon. Lady the opportunity to reply.

It is a slur that is so serious that I must give the hon. Lady the opportunity to reply.

I, too, oppose clause 3, for many of the reasons that were put forward by my hon. Friend the Member for Fareham (Mr. Hoban) and by the hon. Member for Twickenham (Dr. Cable), whose comments I thoroughly endorse. The clause is misguided and discriminatory. It is distortive in its aim,...

I, too, oppose clause 3, for many of the reasons that were put forward by my hon. Friend the Member for Fareham (Mr. Hoban) and by the hon. Member for Twickenham (Dr. Cable), whose comments I thoroughly endorse. The clause is misguided and discriminatory. It is distortive in its aim,...

It is clear again that the hon. Lady—I do not know why she keeps beating up her own constituency—is implying that many businesses that are not involved in manufacturing are now being incorporated simply to avoid tax. She has used the word ““many”” and the Chancellor has used the word...

It is clear again that the hon. Lady—I do not know why she keeps beating up her own constituency—is implying that many businesses that are not involved in manufacturing are now being incorporated simply to avoid tax. She has used the word ““many”” and the Chancellor has used the word...