Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Tuesday, 5 January 2010. It occurred during Debate on bill on Fiscal Responsibility Bill.
Fiscal Responsibility Bill
Has my hon. Friend noticed that during the period in which the Bank of England has been buying a quarter of the total Government debt in issue to try to keep the price up, the price has been falling so the long-term rate of interest has been rising? That has happened even though the Bank is buying a quarter of the issue, so what is going to happen when it stops buying?
Secondary information
- Type
- Proceeding contribution
- Reference
- 503 c75-6
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountability Borrowing Fiscal policy Economic situation Forecasts National income Public sector Public expenditure Public finance Public sector debt Public sector net cash requirement Standards Tax collection Treasury
- Legislation
- Fiscal Responsibility Bill 2009-10
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-11 10:02:40 +0000
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