Cost of Living

Part of Opposition Day — [15th Allotted Day] – in the House of Commons at 3:45 pm on 24th June 2008.

Alert me about debates like this

Photo of Philip Hammond Philip Hammond Shadow Chief Secretary to the Treasury 3:45 pm, 24th June 2008

We have to remember that nowadays there is a huge concealment of Government debt off balance sheet, through the private finance initiative and other mechanisms. What I remember of 1997 is rising economic growth, falling unemployment, falling youth unemployment, falling inflation, and inflation half the level it is today. That is the legacy that I remember, which the hon. Gentleman's Prime Minister has squandered.

Embed this video

Copy and paste this code on your website