Lord Eatwell
Main Page: Lord Eatwell (Labour - Life peer)Department Debates - View all Lord Eatwell's debates with the HM Treasury
(13 years, 10 months ago)
Lords ChamberMy Lords, the other cunning plan that the Government put forward, announced by the Chancellor, was the expenditure of billions—his word—on credit easing for small and medium-sized firms. What is the Treasury’s estimate of the impact on the deficit of the inevitable default rate associated with this programme?