Parliamentary Panto

Panto season is upon us:

Mr. Redwood: To ask the Chancellor of the Exchequer (1) what value of assets the Bank of England has accepted as collateral for loans to Northern Rock; (2) what proportion of the Bank of England’s total assets are represented by claims on Northern Rock and its assets.

Kitty Ussher: The sum borrowed by the company is confidential.

Oh no it isn’t! Despite much inconsequential huffing and puffing from Schillings you can still read in detail about Northern Crock’s supposedly confidential finances here.

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Peter Mandelson tells Emma Barnett…

“I think that Jeremy Corbyn himself should search his conscience and ask himself whether he’s the best person to lead the Labour Party into the general election with the best chance of success for the party.”

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