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Proceeding contribution from Baroness Oppenheim-Barnes (Conservative) in the House of Lords on Monday, 3 November 2008. It occurred during Debate on Economy.


Economy

My Lords, while the Minister is boasting about the fall in oil prices, will he also acknowledge that because we have to pay for oil with petrodollars, and because the pound is so weak against the dollar, we will lose most of that benefit?


Secondary information

Type
Proceeding contribution
Reference
705 c19 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Bank services Banks Credit Finance Fiscal policy Financial markets Economic situation Economic policy Mortgages Loans Monetary policy Small businesses Regulation World economy
Link
View this Proceeding contribution on www.publications.parliament.uk