Proceeding contribution from Lord Myners (Labour) in the House of Lords on Monday, 22 November 2010. It occurred during Debate on bill on Finance (No. 2) Bill.
Finance (No. 2) Bill
Surely it is a matter of the purpose for which that debt is used. If the Minister is criticising people for taking out mortgages to buy their homes, which is the largest single source of domestic debt, that is a novel and important statement from the government Benches. Surely, Minister, you need to have regard to both the assets and liabilities on both the public and the private sector balance sheets.
Secondary information
- Type
- Proceeding contribution
- Reference
- 722 c976
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Corporation tax Banks Capital investment Borrowing Film Financial institutions Economic situation Public expenditure Public sector debt Small businesses Tax allowances Taxation VAT Trusts Tax rates and bands Real estate investment trusts Enterprise investment scheme
- Legislation
- Finance (No. 2) Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 13:45:07 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_684081
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