Budget Resolutions and Economic Situation — Amendment of the Law

Part of the debate – in the House of Commons at 5:26 pm on 25th March 2013.

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Photo of Alistair Darling Alistair Darling Labour, Edinburgh South West 5:26 pm, 25th March 2013

I shall follow up shortly the points made by Mr Ruffley on the Bank of England, but first I draw the attention of the House to my entry in the Register of Members’ Financial Interests.

The big problem we face at the moment is lack of growth. Here we are, five years since the crisis hit most western developed economies, yet contrary to what has happened in the past, there is absolutely no sign that growth will return to this country.