Of course, interest rates are now substantially lower than they were in the past. The result is that the cost of the debt that we have is less than it would otherwise have been.
Pre-Budget Report
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Monday, 24 November 2008.
It occurred during Ministerial statement on Pre-Budget Report.
Type
Proceeding contribution
Reference
483 c513 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 23:20:17 +0000
URI
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