The Economy

The Chancellor is talking about the decisions that were taken in the autumn. This afternoon, a letter from the former chairman of the Royal Bank of Scotland to the Select Committee on the Treasury has been published. It says that the evidence that the Treasury Minister, Lord Myners, gave to the Select Committee was not an accurate account of how much the Government knew about the size of Sir Fred Goodwin's pension. In other words, while the Prime Minister was pretending to be angry about the Goodwin pension, his hand-picked Minister knew about it all along. Does the Chancellor agree that unless, by the end of the day, Lord Myners can prove that what he told the Select Committee was true, he must resign?