Budget Resolutions — Amendment of the Law

Part of the debate – in the House of Commons at 2:24 pm on 22 March 2006.

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Photo of Christopher Huhne Christopher Huhne Shadow Secretary of State for the Environment, Environment, Food & Rural Affairs 2:24, 22 March 2006

I want to be sure that I have not misheard the right hon. Gentleman. Did he say that he thought that there was £1 trillion of off-balance-sheet liabilities?