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Proceeding contribution from Lord Young of Cookham (Conservative) in the House of Commons on Thursday, 3 February 2011. It occurred during Business statement on Business of the House.


Business of the House

I am grateful to my hon. Friend. It is indeed the case that we were running a substantial structural deficit before we hit the financial recession and the problem with the banks. Anyone who denies that there was a structural deficit denies the reality.


Secondary information

Type
Proceeding contribution
Reference
522 c1050 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Public finance
Link
View this Proceeding contribution on www.publications.parliament.uk