My Lords, the Bill before us is about securing a stronger economy for the future. Noble Lords are well aware of the challenge we currently face. We are dealing with a deficit which is unprecedented in peacetime. Back in 2010, we were borrowing £1 in every £4 that we spent, and interest payments were costing us £85 million a day.
Welfare Benefits Up-rating Bill
Proceeding contribution from
Baroness Stowell of Beeston
(Conservative)
in the House of Lords on Monday, 11 February 2013.
It occurred during Debate on bills on Welfare Benefits Up-rating Bill.
Type
Proceeding contribution
Reference
743 c457
Session
2012-13
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2016-09-23 12:47:45 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2013-02-11/1302113000068
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