I cannot let that pass. The mismanagement encompasses the whole period, not just the period of rescue. Running an economy at a level of gearing in both the private and the banking sector, which is what has happened, has left us in a much worse position than that of the bulk of European countries. That is a level of financial mismanagement which even the Minister, with his considerable expertise, would find it hard to argue his way out of.
Occupational Pension Schemes (Levy Ceiling) Order 2010
Proceeding contribution from
Lord Freud
(Conservative)
in the House of Lords on Tuesday, 9 February 2010.
It occurred during Debates on delegated legislation on Occupational Pension Schemes (Levy Ceiling) Order 2010 and Pension Protection Fund (Pension Compensation Cap) Order 2010.
Type
Proceeding contribution
Reference
717 c182GC 
Session
2009-10
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-04-22 01:55:55 +0100
URI
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