Lord Berkeley of Knighton
Main Page: Lord Berkeley of Knighton (Crossbench - Life peer)Department Debates - View all Lord Berkeley of Knighton's debates with the Cabinet Office
(3 years, 3 months ago)
Lords ChamberMy Lords, that will be for when we have re-established a fiscal position that allows us to meet our commitments without having to borrow money on a day-to-day basis. That is the position we are in now, and I respectfully remind noble Lords that it will be the next generation who will pick up the tab for this huge amount of borrowing, and something has to give. That is what has happened in this situation.
My Lords, given what the Minister has just said, I wonder how he would respond to the devastating observation by John Major yesterday that we seem prepared to build an expensive national yacht—which I would describe as a floating embassy—that we neither need nor want, while cutting back support for thousands of malnourished and starving people around the world who we could and should be further helping to feed.