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Queen’s Speech - Debate (4th Day)

Part of the debate – in the House of Lords at 12:22 pm on 17th October 2019.

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Photo of Lord Hain Lord Hain Labour 12:22 pm, 17th October 2019

My noble friend might also remind the noble Baroness who interjected on her that until the financial crisis borrowing was actually at record lows— lower than we inherited from the Major Government—and the national debt was low. We were running sound public finances. It was the global credit crunch that blew that out of the water, not Labour government policies.