Will my right hon. Friend also take into consideration the difficulty that the banking sector is having with the accounting regulations that relate to market to market, which effectively exaggerate the downgrading of a bank's assets and therefore reduce the amount it can lend?
Amendment of the law
Proceeding contribution from
Ian Taylor
(Conservative)
in the House of Commons on Wednesday, 22 April 2009.
It occurred during Budget debate on Amendment of the law.
Type
Proceeding contribution
Reference
491 c278
Session
2008-09
Chamber / Committee
House of Commons chamber
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