Economy

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

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Photo of Lord Ryder of Wensum Lord Ryder of Wensum Conservative 3:15 pm, 3rd November 2008

My Lords, does the Minister agree with his noble friend Lord Desai, who wrote in the Evening Standard in September, before the collapse of the market, that Mr Darling "inherited an empty kitty" from the Prime Minister when he took over as Chancellor? Who is right, the noble Lord or the Minister?