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Gambling: Casino Advisory Panel Report

My Lords, I hear what the noble Lord says, but he has probably not cast his mind back to one significant increase in debt in this country, when the Conservative Government decided that they would turn regular weekly rent payers into mortgage holders with accumulated debt. That was a decision of the Conservative Government at that time. Mortgages are a significant part of household debt, but we also recognise that the British people can manage their debt effectively because they understand the true costs of that debt and the fact that we can sustain low interest rates and low inflation. Consequently, the debt is manageable. I did not mention the Dome. I am sorry if the noble Lord is disappointed that the Dome does not feature significantly in this Statement, but it does not.