Part of Opposition Day — [9th Allotted Day] – in the House of Commons at 2:05 pm on 2 April 2008.
The key point is that we are talking about a leading indicator. Orders are a leading indicator of what will happen. The Minister insists on talking about actual repossessions, which are merely a backward indicator. I hope that Ministers can distinguish between leading and lagging indicators when they are attempting to manage the economy; it would be very worrying if they could not.