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Proceeding contribution from Lord Lea of Crondall (Labour) in the House of Lords on Wednesday, 10 February 2010. It occurred during Debate on bill on Fiscal Responsibility Bill.


Fiscal Responsibility Bill

Can the noble Lord clarify further? When he refers to markets, does he assert that they are never politically motivated? For example, this week they have had people getting together to put huge bets against the euro, which has incidentally had a stable relationship with the pound sterling for several months. Is the market to be worshipped? Is that the point that he is making?


Secondary information

Type
Proceeding contribution
Reference
717 c762 
Session
2009-10
Chamber / Committee
House of Lords 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