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Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 11:30 am on 13 June 2012.

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Photo of David Cameron David Cameron The Prime Minister, Leader of the Conservative Party 11:30, 13 June 2012

My hon. Friend makes an important point. Before this Government came to power, bail-outs were carried out with Britain playing a full part—often by as much as 14% of the total—so in a €100 billion bail-out of Spain, Britain could have been paying as much as €14 billion, or £10 billion. That money has been saved because this Government, unlike the last one, stand up for Britain in Europe.