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Proceeding contribution from Lord Sassoon (Conservative) in the House of Lords on Tuesday, 29 November 2011. It occurred during Ministerial statement on Autumn Budget Forecast.


Autumn Budget Forecast

The noble Lord, Lord Myners, mentions treachery, which never passed my lips. He was reported as saying that he suggested that HSBC should be moving its retail bank to Paris. If in fact that was not the advice he was giving, I am very glad that he has now clarified that. This Government are making sure that we deal with the legacy of our predecessors—of his Government —and return our economy to sustainable growth. That means sticking to our deficit plan to keep interest rates as low as possible, which is what was at the heart of my right honourable friend’s Statement this afternoon.


Secondary information

Type
Proceeding contribution
Reference
733 c205 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Business Development aid Borrowing Health and safety Energy Infrastructure Excise duties Fuels Government assistance Economic situation Forecasts Pre-school education Pay Workplace pensions Planning Public sector Public expenditure Mortgages Railways Loans Public finance Public sector debt Social security benefits State retirement pensions Schools Young people Transport Taxation Unemployment Science Autumn statement Office for Budget Responsibility Bank levy
Link
View this Proceeding contribution on www.publications.parliament.uk