Skip to main content

Proceeding contribution from Jeremy Corbyn (Labour) in the House of Commons on Thursday, 11 August 2011. It occurred during Ministerial statement on Global Economy.


Global Economy

Does the Chancellor of the Exchequer have any concerns about the unaccountable power of the credit rating agencies, who, seemingly at a whim, can cause disasters to be visited on small and vulnerable economies, increase interest rates, and lead to public spending cuts and devastation to many poor people's lives? Does he not think it is time that these rating agencies are brought under some kind of accountable control?


Secondary information

Type
Proceeding contribution
Reference
531 c1121-2 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks Financial markets Economic and monetary union Government securities Public sector debt Shares USA Stock market World economy
Link
View this Proceeding contribution on www.publications.parliament.uk