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Proceeding contribution from David Heath (Liberal Democrat) in the House of Commons on Wednesday, 15 October 2008. It occurred during Debate on HM Treasury.


HM Treasury

That is right. We need to look at the work of the rating agencies as a whole, because if the advice that they were giving was so inadequate they are not carrying out their primary function. We should be aware of that and should perhaps take with a pinch of salt any advice that they proffer in the future.


Secondary information

Type
Proceeding contribution
Reference
480 c828-9 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Banks Capital investment Barclays Financial markets Government shareholding National income Public expenditure Lloyds TSB Shares HBOS Royal Bank of Scotland Landsbanki
Link
View this Proceeding contribution on www.publications.parliament.uk