Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Thursday, 7 January 2010. It occurred during Debate on Pre-Budget Report.
Pre-Budget Report
The facts are right, but that has happened precisely because of the intervention that has been made by the Monetary Policy Committee of the Bank of England in lowering interest rates very rapidly to unprecedented low levels and in keeping them there. I look forward to hearing what the Chairman of the Select Committee has to say on that in due course.
Secondary information
- Type
- Proceeding contribution
- Reference
- 503 c320
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Budgets Economic situation Forecasts Public expenditure Taxation Economic recession Pre-Budget report 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2025-01-23 21:04:23 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_605193
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