I would like to know the Labour position. The European Central Bank is not selling debt at a loss into the market because it does not want the losses. The Americans are selling debt into the market at big losses, but they do not send the bill to the taxpayer. Only the Bank of England insists on both making huge losses and sending the bill to the taxpayer for immediate payment. Who is right?
Charter for Budget Responsibility
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Monday, 6 February 2023.
It occurred during Debate on Charter for Budget Responsibility.
Type
Proceeding contribution
Reference
727 c725 
Session
2022-23
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-02-08 17:42:53 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2023-02-06/23020663000103
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