Treasury Questions

12th February 2009

Brooks Newmark questions the Chancellor of the Exchequer about the increase in the national debt as a result of the nationalisation of the banks.


Mr. Brooks Newmark (Braintree) (Con): Using generally accepted accounting principles, how much has the nationalisation of the banks added to the national debt?

Mr. Darling: As I said to the hon. Member for Wellingborough (Mr. Bone), we have reported all the potential and actual exposures in relation to the purchase of assets or the guarantees, and we will continue to do that in the normal way.


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