Oral Answers to Questions

Chris Ruane Excerpts

Tuesday 8th February 2011 Commons Chamber

[Mrs Sharon Hodgson (Washington and Sunderland West) (Lab)]

Why did the Chancellor endorse the report published by the right hon. Member for Wokingham (Mr Redwood) just a few weeks before the collapse of Northern Rock, which called for the deregulation of the mortgage market? Does he still support its conclusions?

[Chris Ruane (Vale of Clwyd) (Lab)]

Come on, straight answer.

[Mr Osborne]

The new Parliamentary Private Secretary is barracking; what a shame he has moved four Benches down, because he is probably going to get louder. I can tell the hon. Lady that I explicitly disagreed with that recommendation in the report at the time.