Tory Whips Pushing IMF Bailout Arguments

Guido hears whispers that any extra cash to the IMF is unlikely to be pledged before April, which means he could well be running around Smith Square naked on St Paddy’s Day as promised. A man of his word…

That hasn’t stopped the Tory whips preparing the troops for the potential vote though. Yesterday the chairman of the Treasury Select Committee Andrew Tyrie wrote in the Wall Street Journal:

“Some have been arguing that the U.K. should stand aside from any increase in IMF resources and let the euro zone stew in its own juice. That would be a mistake—the cost to the U.K. would be high. Instead, Britain should respond to the IMF’s own conclusion that it has financing needs of an additional $500 billion in coming years by agreeing to our share of a global loan.”

He lays out the argument for more borrowed bail-outs and Tory whips are circulating the piece, clearly trying to soften the ground. With a large chunk of the Tory backbenches loathed to contribute more money, coupled with the prospect of Labour opposing it too, it’s going to take more than the odd article and email to win this one.



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Andy Burnham finally repents on the deficit…

“If we are to win back trust we have to start by admitting that we should not have been running a significant deficit in the years before the crash.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

UN WARNS THERESA MAY OVER SNAPCHAT UN WARNS THERESA MAY OVER SNAPCHAT
Environment Minister Totty Watch: Double Trouble Edition Environment Minister Totty Watch: Double Trouble Edition
PPS Reshuffle in Full PPS Reshuffle in Full
Irish billionaire injuncting media Irish billionaire injuncting media
GIANT JUMPING ROBOT CHEETAHS GIANT JUMPING ROBOT CHEETAHS
Carswell: It Was Ugly Carswell: It Was Ugly

Tom Watson’s Militant Money Tom Watson’s Militant Money
CLIMATE CHANGE COULD TRANSFORM HULL INTO ‘VENICE OF THE NORTH’ CLIMATE CHANGE COULD TRANSFORM HULL INTO ‘VENICE OF THE NORTH’
TAXPAYERS’ DE-RISKING VENTURE CAPITALISM TAXPAYERS’ DE-RISKING VENTURE CAPITALISM
It’s Not Easy Being A Green Tesla Driver It’s Not Easy Being A Green Tesla Driver
Investors Dumping Mirror Shares Investors Dumping Mirror Shares
BBC Conditioning Public to Back UN Climate Agreement BBC Conditioning Public to Back UN Climate Agreement
The Queen: Psychoactive Drugs The Queen: Psychoactive Drugs
Fifa Was Doooooomed! Fifa Was Doooooomed!
Mary Creagh’s Leadership Bid Crashes and Burns Mary Creagh’s Leadership Bid Crashes and Burns
Top LibDem: All MPs Lie Top LibDem: All MPs Lie
Awkward Ed Bercow Moment Awkward Ed Bercow Moment
Algenol: Fuel of the Future Algenol: Fuel of the Future
ENCRYPTION COMPANY HEADS TO SWITZERLAND TO FLEE NSA ENCRYPTION COMPANY HEADS TO SWITZERLAND TO FLEE NSA