Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Sharon Hodgson Excerpts
Tuesday 8th February 2011

(13 years, 9 months ago)

Commons Chamber
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George Osborne Portrait Mr George Osborne
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There is the selling off of the gold at a record low and the pensions tax that destroyed our pensions system, but I have to say that, in terms of sheer cost to the British taxpayer, the system of regulation designed by the shadow Chancellor was pretty catastrophic.

Sharon Hodgson Portrait Mrs Sharon Hodgson (Washington and Sunderland West) (Lab)
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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 Portrait Chris Ruane (Vale of Clwyd) (Lab)
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Come on, straight answer.