Skip to main content

Proceeding contribution from Stephen Timms (Labour) in the House of Commons on Thursday, 17 February 2011. It occurred during Debates on delegated legislation on Social Security.


Social Security

I was indeed a Treasury Minister—on four separate occasions. We managed the global economic crisis with great skill, to the extent that the increase in unemployment, which was widely anticipated before the crisis hit, did not happen. Under the previous Government there was about half the unemployment and half the home repossessions that we experienced in the recession of the early 1990s. I was indeed a Minister at the Treasury when those successes were being achieved.


Secondary information

Type
Proceeding contribution
Reference
523 c1184 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Index linking Workplace pensions Social security benefits State retirement pensions Uprating Consumer prices index Average earnings
Legislation
Guaranteed Minimum Pensions Increase Order 2011
Social Security Benefits and Up-rating Order 2011
Link
View this Proceeding contribution on www.publications.parliament.uk