Budget Resolutions and Economic Situation

Part of the debate – in the House of Commons at 5:42 pm on 14th April 2003.

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Photo of Matthew Taylor Matthew Taylor Liberal Democrat Spokesperson (Treasury) 5:42 pm, 14th April 2003

Before the Secretary of State moves on to the situation in the wider world, perhaps she could touch on one subject at home that she appears to have forgotten in her speech so far. If things are going so well in the British economy, why has business investment in this country collapsed further than it has in France, Germany, Italy, America and Japan? In fact, it is worse than in any other country in the Organisation for Economic Co-operation and Development with the exception of Iceland.