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Pre-Budget Report

In that case, I apologise for getting it wrong. I hope that the Government will do what they did with Northern Rock: publish the terms of reference of these directors to tell them the strategy that they will be required to follow. That is essential to getting the economy going. A year or so ago, I made myself rather notorious in this place by pointing out that within a few weeks the Government had descended from order to chaos. Within the past few days, a similar transformation has taken place, from hope to despair and anger in the country. Unless we get a more effective response to this crisis, from both major parties, that anger and despair will continue.