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Proceeding contribution from David Davis (Conservative) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

May I ask the hon. Gentleman a question about that very point? As he and I have discussed before, one of the problems is Government creditworthiness. At the point that he was describing, sterling was a reserve currency, which it is not now. Therefore issues of creditworthiness are higher now than they were then.


Secondary information

Type
Proceeding contribution
Reference
489 c957 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk