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Prime Minister's question asked in the House of Commons, by Lord Cameron of Chipping Norton (Conservative). It was answered on Wednesday, 16 January 2008 on behalf of the Prime Minister.


Engagements

Question
I asked the Prime Minister a very specific question about the figures. I think that the taxpayers, each of whom is currently lending about £1,800 to this bank, would like the figures to be confirmed in the House of Commons. It has been reported that the taxpayer is exposed to the tune of £55 billion: £26 billion of emergency loans and £29 billion of guarantees. Will the Prime Minister confirm those specific figures?
Answer

The Governor of the Bank of England announces the figures on what is happening every week, but I have to ask the Leader of the Opposition: he said in September—[Interruption.] ... The Leader of the Opposition wholeheartedly supported our action. He said that it was right to inject ““liquidity to Northern Rock””. Is he changing his mind?


Secondary information

Type
Oral question
Reference
470 c919 
Session
2007-08
Oral question type
Supplementary
Chamber / Committee
House of Commons chamber
Subjects
Government assistance Loans Northern Rock
Link
View this Prime Minister's question on www.publications.parliament.uk