As our economy is cyclical and sooner or later there will be another recession, will the Chancellor take this opportunity to deny the claim

If he will make a statement on his departmental responsibilities.

Topical question number one, sir.

So what are the Government doing to reduce—

What recent steps he has taken to reduce the amount of tax payable by small and medium-sized enterprises.

Can the Minister assure me that by the end of this Parliament small businesses in Gainsborough will be paying less tax than they are now?

As our economy is cyclical and sooner or later there will be another recession, will the Chancellor take this opportunity to deny the claim

If he will make a statement on his departmental responsibilities.

The Budget is tactically clever and, indeed, wise, but it may be strategically dangerous. That is where I join the right hon.

My right hon. and learned Friend is right to pour cold water on economic forecasts.