Given my earlier remarks about the true level of debt, would the hon. Gentleman be surprised to hear that aggregating the bank bail-outs—never mind the cost of the RBS-Lloyds deal that was never even disclosed—would put the actual liabilities in the region of £3.84 trillion? He has just given the figures for 1945, but that sum is equivalent to 274 per cent. of GDP.
Fiscal Responsibility Bill
Proceeding contribution from
William Cash
(Conservative)
in the House of Commons on Tuesday, 5 January 2010.
It occurred during Debate on bills on Fiscal Responsibility Bill.
Type
Proceeding contribution
Reference
503 c85 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 10:02:36 +0000
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