Financial Markets

Part of Oral Answers to Questions — Children, Schools and Families – in the House of Commons at 3:31 pm on 13 October 2008.

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Photo of Alistair Darling Alistair Darling The Chancellor of the Exchequer 3:31, 13 October 2008

I do remember what the hon. Gentleman said a month or so ago. I am sure that the decision taken by the Monetary Policy Committee of the Bank of England was welcomed here, as was the co-ordinated decision right across the world, but that decision was of course taken by the independent Bank of England, and rightly so.