BusinessCompany NewsParliament to scrutinise Budget next month

Parliament to scrutinise Budget next month

MPs will start their scrutiny of Gordon Brown's Budget proposals when the Commons begin debates on the Finance Bill on Tuesday, 6 May.

Link: Read our Budget special

The second reading debate is when MPs consider the Bill’s main principles and will be followed by a line-by-line examination of tax changes and anti-avoidance measures in committee.

Meanwhile the Liberal Democrats stepped up their demand that comptroller and auditor general Sir John Bourn audit all the Budget assumptions instead of just those chancellor Gordon Brown refers to him and a rolling selection of the remainder.

Shadow chancellor Matthew Taylor said new lower GDP figures called into question Brown’s forecasts, adding: ‘It is time to call in the auditors so that we have a believable forecast not wishful thinking.’

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