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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 specific question about the figures, which he simply could not bear to read out. That is what taxpayers who are worried about supporting the bank and about the extent of the support are asking about. Let me ask the Prime Minister something else. At the time that the guarantee was given, was he advised that the level of taxpayer support could reach this huge level of £55 billion?
Answer

I have said that we will do what is necessary to protect the stability of the economy. I do not apologise for taking the action that is necessary because it has ensured the stability of the economy. Perhaps the Leader of the Opposition will answer the question: does he still support our action?


Secondary information

Type
Oral question
Reference
470 c920 
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