Engagements

Part of Oral Answers to Questions — Prime Minister – in the House of Commons am 11:30 am ar 6 Mai 2009.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Gordon Brown Gordon Brown The Prime Minister, Leader of the Labour Party 11:30, 6 Mai 2009

I met the nurses at the Christie hospital when I was in the north. I have also heard and answered questions in this House about it and written many letters to people, because I am worried about the situation, too. The fact is that we are not the regulatory authority and that many, many more people had finances in institutions regulated by the Icelandic authorities. The first responsibility is for the Icelandic authorities to pay up, which is why we are in negotiations with the International Monetary Fund and other organisations about the rate at which Iceland can repay the losses that they are responsible for. However, we have also agreed that we will look at the particular case of the Christie and see what we can do to understand how we can meet its need.

We and the hon. Gentleman have to accept the fact that many more people who were affected by the Icelandic regulatory authority lost money as a result, which means that certain precedents would be set. We have to look at the matter in the round, and we will do so.

Annotations

Ian Simcox
Posted on 7 Mai 2009 3:07 pm (Report this annotation)

"...Iceland can repay the losses that they are responsible for"

I think you'll find that you and Mr Darling are heavily responsible for those losses, by branding Iceland terrorists and causing a run on their currency. Funny how he always leaves out that part.