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.
About this proceeding contribution
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722 c976Session
2010-12Chamber / Committee
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