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Proceeding contribution from Claire O'Neill (Conservative) in the House of Commons on Wednesday, 30 November 2011. It occurred during Opposition day on Living Standards.


Living Standards

It is so refreshing to hear a grown-up make a speech from the Opposition Benches. Does the right hon. Gentleman agree, however, that quantitative easing took place originally in 2009—so the money was effectively already in the Bank of England's coffers at the time of the election—that since then interest rates in Britain have dropped by more than one percentage point, and that we are now borrowing money more cheaply than Germany?


Secondary information

Type
Proceeding contribution
Reference
536 c1002-3 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Disadvantaged Benefits rules Women Families Economic situation Personal income Low incomes Poverty Public expenditure Low pay Public finance Welfare tax credits Taxation Unemployment Standard of living Cuts
Link
View this Proceeding contribution on www.publications.parliament.uk