I think that many members of the public will be reducing the amount of debt that they carry, and that is a good thing. However, it is also true that people can at the same time maintain their spending, and some people increase their spending. Of course, as unemployment starts to fall and employment starts to grow, more people will be in work and more people will be able to spend their money on goods and services in this country.
Pre-Budget Report
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Wednesday, 9 December 2009.
It occurred during Ministerial statement on Pre-Budget Report.
Type
Proceeding contribution
Reference
502 c386 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-08 16:39:57 +0000
URI
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