IMF Bailout Billions to be Debated

Tomorrow morning the Statutory Instruments Committee in Committee Room 14 of the Commons will consider for 90 minutes the extra £9.5 billion the government proposes to export to the IMF en route to Greece and probably the ECB. That is some £105 million per minute of debate. £9.5 billion is a lot of care for the aged.

Hat-tip: John Redwood




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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