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Proceeding contribution from Lord Field of Birkenhead (Labour) in the House of Commons on Wednesday, 9 December 2009. It occurred during Ministerial statement on Pre-Budget Report.


Pre-Budget Report

May I compliment the Chancellor of the Exchequer on how he has acquitted himself not only today but for the whole period that he has been Chancellor? It has served the public interest well. Given that the Bank of England will shortly cease to print money to buy Government debt and that the Government will have to go into the real world to raise that money, what will be the impact over the coming year on long-term interest rates, given what he has announced on public expenditure levels for the same period?


Secondary information

Type
Proceeding contribution
Reference
502 c381 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Bank services Banks Income tax Financial institutions Fiscal policy Economic situation Economic policy Economic growth Inflation Forecasts Pensions National insurance contributions Public sector net cash requirement Young people Unemployment benefits Tax allowances Taxation Unemployment Retail prices index Economic recession World economy Pre-Budget report 2009
Link
View this Proceeding contribution on www.publications.parliament.uk