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Uk Ready To Contribute Extra Resources To Imf, Says George Osborne

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http://www.guardian.co.uk/politics/2011/oct/27/uk-imf-osborne-eurozone-eu

The chancellor, George Osborne, has told MPs Britain stands ready to contribute extra resources to the IMF after the bailout package agreed at the emergency EU summit in Brussels.

However, Osborne sought to reassure backbench MPs the UK would not contribute directly to the EU bailout mechanism or to the IMF-administered special purpose vehicle being discussed by the French president, Nicholas Sarkozy.

Treasury officials admit extra resources for the IMF would make it easier for the organisation to lend to indebted countries inside the eurozone, but added that there was no immediate proposal for such an increase in IMF resources. The IMF is already lending to Greece, Ireland and Portugal.

"Supporting countries that cannot help themselves is what the IMF exists to do," Osborne said. "There may well be a case for further increasing the resources to the IMF to keep pace with the size of the global economy. And Britain stands ready to consider the case for further resources and contribute with other countries if necessary."

Did anyone actually ask him where the fook the bankrupt UK govt is going to get the mofo money from? Are we going to borrow so we can give it to Greece?

Can't we just have the free rail travel and retire and 50?

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http://www.guardian.co.uk/politics/2011/oct/27/uk-imf-osborne-eurozone-eu

Did anyone actually ask him where the fook the bankrupt UK govt is going to get the mofo money from? Are we going to borrow so we can give it to Greece?

Can't we just have the free rail travel and retire and 50?

It's turning into an out right pantomime now. Sarkozy was saying last night he is personally going to China to request they contribute to the bail out fund.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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