Financial Markets

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

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Photo of James Paice James Paice Shadow Minister (Environment, Food and Rural Affairs) 3:31 pm, 13th October 2008

The Chancellor is obviously very unhappy about how banks have allowed domestic debt to rise over the last decade or so to exceed £1 trillion. Is he equally unhappy about the fact that his predecessor did nothing about it?