Part of the debate – in the House of Lords at 3:15 pm on 3rd November 2008.

Alert me about debates like this

Photo of Lord Lang of Monkton Lord Lang of Monkton Conservative 3:15 pm, 3rd November 2008

My Lords, the noble Lord has just repeated what the Prime Minister and the Chancellor have repeatedly said about how remarkably well placed the United Kingdom's economy is to withstand the current problems. If that is so, how does he account for the plunge of the pound against both the dollar and the euro?