The answer is that it is. It is a price index, and all price indexes are derived from markets because markets set prices. There is no question that it is not an index. I think that this is a matter of language and we hope that the Minister will clarify it for us. Will he also point to where in any amendment that he has put down the acronym LIBOR appears?
Financial Services Bill
Proceeding contribution from
Lord Peston
(Labour)
in the House of Lords on Tuesday, 20 November 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
740 c1748 
Session
2012-13
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2023-11-26 10:26:54 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2012-11-20/12112045000220
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Lords/2012-11-20/12112045000220
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Lords/2012-11-20/12112045000220