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Proceeding contribution from Brooks Newmark (Conservative) in the House of Commons on Wednesday, 21 March 2007. It occurred during Budget debate on Budget resolutions.


AMENDMENT OF THE LAW

Off-balance sheet financing is a legitimate device, and I appreciate why the Government use it, but they are never going to let NHS buildings or schools collapse. Does my hon. Friend agree that there needs to be far greater transparency in off-balance sheet financing? Should not items such as hospitals or schools that the Government stand fully behind be put on the balance sheet, or be noted somewhere in the accounts as Government liabilities?


Secondary information

Type
Proceeding contribution
Reference
458 c907 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Budgets Economic situation Public expenditure Taxation Budget March 2007
Link
View this Proceeding contribution on www.publications.parliament.uk