Not a Single Billion More

George Osborne gave a cast iron promise last October:

“Britain will not be putting money into the bailout fund either directly or through the IMF… the IMF exists to support countries, it does not exist to support currencies. The IMF contributing money to the eurozone bailout fund, no; Britain contributing money to the eurozone bailout fund, no. That is Britain’s clear position.”

Ed Balls and Tory backbenchers are at one on this, it is for Germany through the ECB to support the €uro. The American and Chinese Treasury ministers agree, it is not the purpose of the IMF to bailout an ill-conceived currency union. Don’t forget your promise George*…

*Guido hasn’t forgotten his IMF promise.


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Quote of the Day

Boris responds to Tusk…

“I don’t want a No Deal Brexit but I say to our EU friends if they don’t want No Deal they have got to get rid of the backstop from treaty. If Donald Tusk doesn’t want to go down in history as Mr No Deal Brexit then I hope this point will be borne in mind by him too.”

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National Unity PM: Runners and Riders National Unity PM: Runners and Riders