The Finance Committee was meeting to discuss issues including the spending review and industrial derating, on 3 November 2010.

BBC: Finance Committee

The session concluded with an evidence session on industrial derating with DFP officials.

BBC: Finance Committee

Furthermore, large cap equities have suffered a derating in multiples over the past ten years, which has negatively impacted their returns.

FORBES: Defending Against Financial Repression

It implied a huge derating of shares.

ECONOMIST: Unrepentant bears