Business of the House Debate

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Department: Leader of the House

Business of the House

David Nuttall Excerpts
Thursday 31st March 2011

(13 years, 1 month ago)

Commons Chamber
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Lord Young of Cookham Portrait Sir George Young
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The short answer is no. We have just had a four-day debate on the Budget, during which there was ample opportunity to make those points. Nonetheless, there will be the Second Reading of the Finance Bill when we return after Easter, during which the hon. Lady will have an opportunity to share her concerns and have them addressed by one of my hon. Friends.

David Nuttall Portrait Mr David Nuttall (Bury North) (Con)
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Given the news that the banks in the Republic of Ireland are likely to need yet another €30 billion bail-out, may we please have a statement on the impact this will have on this country and, in particular, confirmation that we will not be adding to our existing liability under the Loans to Ireland Act 2010?

Lord Young of Cookham Portrait Sir George Young
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As my hon. Friend knows, the Chancellor of the Exchequer made a statement earlier this year outlining the assistance we are giving to Ireland. Ireland is carrying out stress tests on its major banks. As I know from my time as a Treasury Minister, it is not always helpful to comment from the Dispatch Box on the stability or otherwise of other countries. He will understand if I do not comment any further.