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World Leaders Summit

My Lords, will my noble friend join me in congratulating my right honourable friends the Prime Minister and the Chancellor of the Exchequer on the continuing leadership and judgment they have shown throughout this evolving crisis? In particular, will she join me in welcoming the really tangible proof of the action that has been taken in the significant drop in the sterling LIBOR rate since 10 October and in the improving liquidity that we see week on week in the sterling bond markets? As I say, this is tangible proof that the action the Government are taking is working; that action has been noted not only by the Wall Street Journal but, I believe, even in comments in the New York Times.