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Government Capital Expenditure

Part of Opposition Day — [3rd Allotted Day] – in the House of Commons at 6:08 pm on 2nd February 2009.

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Photo of Andrew Tyrie Andrew Tyrie Conservative, Chichester 6:08 pm, 2nd February 2009

I shall be brief. I do not know how long the winding-up speeches are going to be, but I am sure that someone will signal to me when they want me to sit down. I will do my best to make a few comments until then.

I would like to clear up a point that was made as a result of an intervention by the Exchequer Secretary. I think that she said something to the effect that we did not have any monetary policy tools left to deal with the crisis now that interest rates were so low.

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