Financial Crisis

Part of the debate – in the House of Commons at 3:36 pm on 20th January 2009.

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Photo of Stephen Timms Stephen Timms Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills) 3:36 pm, 20th January 2009

I completely disagree with the hon. Gentleman's characterisation. The single market in Europe is of immense value to the UK as well as to the other member states. The ability to produce a plan along these lines to achieve a unified response to the crisis demonstrates once again the value to the UK of our membership of the European Union.

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