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Proceeding contribution from Chris Ruane (Labour) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

Does the hon. Gentleman agree that the big difference between this recession and the last one, which took place under the Conservatives, is that under the Tories interest rates were at 15 per cent., whereas in the present recession they are at only 1 per cent.?


Secondary information

Type
Proceeding contribution
Reference
489 c930 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk