I am grateful to my noble friend Lord Marlesford for pointing that out; I absolutely agree. Any country that has total debt—he is talking about wider debt—of 400 per cent of GDP, as this country has, is indeed skating on very thin ice.
Finance (No. 2) Bill
Proceeding contribution from
Lord Sassoon
(Conservative)
in the House of Lords on Monday, 22 November 2010.
It occurred during Debate on bills on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
722 c976
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2023-12-15 13:45:06 +0000
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