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Proceeding contribution from Owen Smith (Labour) in the House of Commons on Wednesday, 30 March 2011. It occurred during Grand Committee proceedings (HC) on The Budget.


The Budget

Further to that point, did my right hon. Friend note with surprise, as I did, that the Chief Secretary invoked another of the warnings that we have heard about the ratings agencies being on the verge of downgrading Britain, but failed to mention that only last week, in light of the Budget and the revelation that there will be no growth in the economy, Moody’s is saying again that there is a danger that we could be downgraded, in this instance as a result of that lack of growth?


Secondary information

Type
Proceeding contribution
Reference
WGC c20-1 
Session
2010-12
Chamber / Committee
House of Commons Grand Committees
Subjects
Business Economic policy Public expenditure Wales Taxation Enterprise zones Budget March 2011
Link
View this Proceeding contribution on www.publications.parliament.uk