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Proceeding contribution from Lord Blunkett (Labour) in the House of Commons on Tuesday, 8 June 2010. It occurred during Queen's speech debate on Economic Affairs and Work and Pensions.


Economic Affairs and Work and Pensions

My right hon. Friend did a phenomenal job as Chancellor of the Exchequer. The measures that he has just outlined and the success were considerable, but is it not also true that back in 2002 his Government, and my Government, finally paid off the second world war and post-war debt that was run up with the Americans in 1947? The final bonds were paid off not by the Conservatives in the 1950s, 1960s or 1980s, but by the Labour Government in 2002. [Interruption.] That is absolutely true.


Secondary information

Type
Proceeding contribution
Reference
511 c190 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Poverty Children Cost effectiveness Bank services Banks Bank of England European Union Financial services Financial Services Authority Economic situation Economic growth Public expenditure Nationalisation Unemployment Regulation Economic recession Social security benefits Public sector debt Social security Reviews Cuts World economy Office for Budget Responsibility Living wage
Link
View this Proceeding contribution on www.publications.parliament.uk