In fact, through clever devices, the Chancellor has been using off-balance sheet financing, which has increased so that today it is almost £1 trillion, compared with the £486 billion of on-balance sheet borrowing.
Treasury and Work and Pensions
Proceeding contribution from
Brooks Newmark
(Conservative)
in the House of Commons on Monday, 27 November 2006.
It occurred during Queen's speech debate on Treasury and Work and Pensions.
Type
Proceeding contribution
Reference
453 c912
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 11:11:18 +0000
URI
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