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Proceeding contribution from Lord Henley (Conservative) in the House of Lords on Wednesday, 2 June 2010. It occurred during Queen's speech debate on Queen's Speech.


Queen's Speech

That is a question that the noble Lord will have to put to the previous Government, who saw it rise to that level. I shall of course write to him in due course and, as I always do, put a copy of the letter in the Library. The longer that we delay action on the deficit, the greater is the risk of that loss of market confidence. As I said, that would mean higher interest rates for all, stifling recovery and making challenges ahead even harder.


Secondary information

Type
Proceeding contribution
Reference
719 c361 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Agriculture Banks Climate change Airports Bank of England Broadband Environment protection Energy Economic policy Flexible working Forecasts Nuclear power National insurance contributions Railways Postal services Public finance Small businesses Regulation Renewable energy Taxation Subsidies Royal Mail Regional development agencies Common agricultural policy Carbon emissions Office for Budget Responsibility
Link
View this Proceeding contribution on www.publications.parliament.uk