Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 11:30 am on 22 January 2014.
We are building homes across the United Kingdom, but one better than what she suggests is what we have done, which is to give the power to the Bank of England to advise specifically on any potential problems in the housing market, or, indeed, in any other market. We have cleared up the mess of the regulatory system we were left by the Labour party, so that proper warnings can be given in proper time.