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Budget Resolutions and Economic Situation

That was an interesting trip down memory lane, organised, I think, by the hon. Member for Middlesbrough (Sir Stuart Bell). I congratulate the hon. Member for Elmet (Colin Burgon) on reliving, just for a brief moment, his party's romance with clause IV, when he said, "I'd like to keep these banks as state assets." There are many on the Labour Benches who long for that bit of yesteryear but for whom, sadly, reality has told a different story.