Yes, that is the case, but we must consider the consequences of that borrowing for the UK's debt position. That is the level that we believe is right.
As I set out in Committee, the £2.2 billion represents a floor, not a ceiling. The Bill provides for the limit to be increased to more than £2.2 billion with the approval of the House, but not for it to be reduced to less than £2.2 billion.
Scotland Bill
Proceeding contribution from
David Gauke
(Conservative)
in the House of Commons on Tuesday, 21 June 2011.
It occurred during Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
530 c227 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 18:42:08 +0000
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