UK Parliament / Open data

Pre-Budget Report

Proceeding contribution from William Cash (Conservative) in the House of Commons on Wednesday, 26 November 2008. It occurred during Emergency debate on Pre-Budget Report.
The Chancellor of the Exchequer says on page 191 of his pre-Budget report that the contingent liabilities will be disclosed. Does he accept that his figure on page 198, which has already been referred to, is actually £1,258 billion, if one includes the Maastricht arrangements, and that if we add the contingent liabilities, we arrive, at a conservative estimate, at a figure of £2,400 billion? That would mean 120 per cent. of national income, not the figure of 57 per cent. to which he has referred.
Type
Proceeding contribution
Reference
483 c753 
Session
2007-08
Chamber / Committee
House of Commons chamber
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