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

Global Economy

I reconcile it by quoting the Governor of the Bank of England, given that the hon. Lady mentions the Bank. [Interruption.] Labour appointed the Governor of the Bank of England; in fact, I suspect that the shadow Chancellor made the appointment. The Governor of the Bank of England said yesterday that"““the UK has done what it can””," in terms of putting the major conditions in place to ensure a rebalancing and a recovery. He went on:"““We have a credible medium-term fiscal plan, which many countries do not””."

Secondary information

Type: Proceeding contribution
Reference: 531 c1126-7
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

Global Economy

Secondary information

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