Just for clarification, may I remind the right hon. Gentleman that not one penny of the deficit projected for the coming year will be used for direct financing support for the banks? The money that the Government have put into the banks is of course cash, but it does not form part of the revenue deficit that the Government face.
Pre-Budget Report
Proceeding contribution from
Lord Hammond of Runnymede
(Conservative)
in the House of Commons on Thursday, 7 January 2010.
It occurred during Debate on Pre-Budget Report.
Type
Proceeding contribution
Reference
503 c335 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-08 16:38:17 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_605229
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_605229
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_605229