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Proceeding contribution from Lord Sassoon (Conservative) in the House of Lords on Monday, 29 November 2010. It occurred during Ministerial statement on Autumn Forecast.


Autumn Forecast

My Lords, forgive me, I should have pointed out that the details of the package are still subject to final negotiation. I guess that the lawyers have to trawl over the press release, as it were, and my right honourable friend’s statement that the loan is not the loan until it is absolutely bolted down in the formal documentation. The terms of the loan are still subject to final negotiation alongside the IMF and eurozone packages.


Secondary information

Type
Proceeding contribution
Reference
722 c1294 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Business Corporation tax Borrowing Fiscal policy Economic situation Economic and monetary union International Monetary Fund Economic growth Inflation EU grants and loans Forecasts Public sector Patents Redundancy Public finance Public sector debt Republic of Ireland Unemployment GlaxoSmithKline Foreign loans Office for Budget Responsibility Overseas loans
Link
View this Proceeding contribution on www.publications.parliament.uk