I am completely ignorant, but I thought that that was how the City worked on all the commodities in the world. I thought that manufacturers who are making products with raw materials buy on the futures and that the price of their end products going out of the factory gates was fixed. I was the mere factotum at a factory making these things, which I did not own, yet the cost of the products and materials that we used went up and down every day on the world markets. Account is taken of that. I thought that that was what the City of London was for.
Climate Change Bill [HL]
Proceeding contribution from
Lord Rooker
(Labour)
in the House of Lords on Wednesday, 23 January 2008.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Climate Change Bill [HL].
Type
Proceeding contribution
Reference
698 c239 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2024-04-11 17:47:09 +0100
URI
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