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Government Capital Expenditure

Part of Opposition Day — [3rd Allotted Day] – in the House of Commons at 4:55 pm on 2nd February 2009.

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Photo of Stephen Timms Stephen Timms Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills) 4:55 pm, 2nd February 2009

I am suggesting that the world economy is facing a situation that is certainly the worst in decades—looking at the world as a whole—and some people are saying that it is the worst for a century.

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