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Part of the debate – in the House of Commons at 3:31 pm on 3rd June 1998.

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Photo of Mr Alan Clark Mr Alan Clark Conservative, Kensington and Chelsea 3:31 pm, 3rd June 1998

The Deputy Prime Minister did not give an intelligible answer to the question asked by my hon. Friend the Member for Faversham and Mid-Kent (Mr. Rowe). One of the provisions in his statement was that LCR should seek to raise additional equity in the financial markets; but what happens if it cannot do so?