Unfortunately, it is the last point of view which is embodied in this Bill and which helped to produce the Crisis of This Summer.

Next, after the Crisis in the Summer of last year, we came to a, second stage when it was realised how great was the danger of borrowing large sums of money.

It is obvious from everything that was said in the 1961 Economic Survey, in debates on last year's Budget, and in debates in the House in the Summer Crisis that supervened, that the Chancellor was obsessed by the effect of internal demand on balance of payments.

It is clear that the Russian attitude to a security conference has changed in many respects over the last 10 years, and it has changed a very great deal in particular since Russia renewed the invitation to a security conference after the Czech Crisis in the Summer of 1968.

The hon. Gentleman's idea that by delaying the collapse we could have avoided a Crisis in the Summer cannot be right, and it should be dismissed from his mind.

In the height of that Crisis in the Summer of 1940 that proposition was rejected by the House not only with contempt but in a gale of laughter.

The inquiry should also examine the handling of the Summer Crisis, which, as the Minister has heard from both sides of the House, left much to be desired.

Water companies cannot be left to muddle their way through Summer Crisis after summer crisis.

Did not the Minister realise earlier this year that the figures were mounting and that there was bound to be a Crisis in the Summer?

We have given an undertaking that members of the public will not have to foot the bill from what has been described as the Summer Crisis, the chaos that was there for a brief period of time.

That is why there was only a minor Crisis in the Summer.

It was the society's own actions which ultimately precipitated its financial Crisis in the Summer of 2000.

It was the society's own actions that ultimately precipitated its financial Crisis in the Summer of 2000.

Although I back those plans and expect them to work, it seems staggering that a key plank of the Government's programme - to have in place the full panoply of protection that we needed, including to deal with failing banks - is being introduced a year after we first discussed it in October 2007 and 18 months after what the Government recognise as the start of the financial Crisis in Summer 2007.

Has the Minister any other views on quotas- specifically in relation to fishermen in the under-10-metre sector-that he might wish to include in his discussions so that we do not experience another Crisis in the Summer?

Will the Secretary of State explain why we have had a Summer Crisis in A and E?

Of course, the crisis that he was talking about was a Summer Crisis.

We undertook our inquiry as a result of the major Crisis in the Summer of 2012, when retailers and processors announced sudden large price cuts.