National Infrastructure Plan — Statement

Part of the debate – in the House of Lords at 3:45 pm on 4th December 2013.

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Photo of Baroness Meacher Baroness Meacher Crossbench 3:45 pm, 4th December 2013

My Lords, I speak as somebody who studied a bit of economics a very long time ago. All Ministers understand as well as I do that what happened in 2008 was, in fact, a banking crisis that began in the United States and affected the western world. We happen to have some big banks here and it therefore caused us some difficulties. It is not fair to neglect, over and over again, where this all started.