We need your support to keep TheyWorkForYou running and make sure people across the UK can continue to hold their elected representatives to account.

Donate to our crowdfunder

Mortgage Interest Payments

Part of Orders of the Day — Finance Bill – in the House of Commons at 9:30 pm on 15th July 1997.

Alert me about debates like this

Photo of Geraint Davies Geraint Davies Labour, Croydon Central 9:30 pm, 15th July 1997

Do you agree that your comments about the Prime Minister[Interruption.] I am sorry. Does the hon. Gentleman agree that his comments about the Prime Minister were out of context, and that what Tony Blair was referring to—[Interruption.] Does the hon. Gentleman agree that what the Prime Minister was referring to was a housing market that had been crucified by your Government—[Interruption.] The Prime Minister was referring to a housing market that had been crucified by the hon. Gentleman's Government, in terms of negative equity and repossessions. In the present circumstances, is it a good idea to start another cycle of boom and bust? If the hon. Gentleman were in the Government, would he encourage an over-fuelling of the housing market, which would cause a repeat of the chaos and catastrophe that were produced by the hopeless leadership of his party?