division_name: Opposition Day &#8212; [Un-allotted Day] &#8212; Economic Growth and Employment
motion: <p class="" pid="b.321.2/1" pwmotiontext="yes">I beg to move,</p>
  
  <p class="" pid="b.321.2/2" pwmotiontext="yes">That this House notes with concern that UK economic growth is flatlining and was choked off well before the recent Eurozone crisis, that youth unemployment is now more than one million and that Government borrowing is therefore expected to be &#163;46 billion higher than forecast over the Parliament; further notes with regret that the Government has failed to deliver a credible growth plan, is undermining critical industries in which the UK must compete, is failing to use strategically procurement and other tools to drive growth and innovation, and is holding back regional growth with its flagship projects mired in inertia and with most business still waiting for Regional Growth Fund money seven months after the recipients were announced; therefore calls on the Government to deliver a growth plan that provides an immediate boost to the economy to increase demand and growth, including a &#163;2 billion tax on bank bonuses to fund 100,000 jobs for young people and build 25,000 more affordable homes; and further calls on the Government to bring forward long-term investment projects to get people back to work, to reverse the damaging VAT rise of January 2011 for a temporary period giving families a &#163;450 boost and providing immediate help for the UK&#8217;s high streets, to provide a one-year cut in VAT to five per cent. on home improvements, repairs and maintenance to help home owners and small businesses, and to provide a one-year national insurance tax break for small firms to help them grow and create jobs.</p>
  
  <p class="italic" pid="b.357.1/1" pwmotiontext="yes">Question put.</p>
  
  <p class="italic" pid="b.357.1/2" pwmotiontext="yes">The House divided:</p>
  
  <p pid="b.357.1/3" pwmotiontext="yes">Ayes 236, Noes 304.</p>