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Parliament's record since 1997: debates, questions, statements, votes, bills, committees and members' interests

Where MPs Stand

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INTEREST FREE CREDIT

Early day motion 1138, tabled 18 March 2010 by Austin Mitchell (Labour). Signed by 8 members.

That this House believes that HM Treasury should alleviate the effects of the recession and prevent the continued escalation of debt by matching the amount of money created through quantitative easing by the Bank of England with interest free cash for financing works in the public interest, thus addressing the enormous imbalance between interest bearing credit and interest free cash in the overall money supply.

Signatures by party: Labour 7, Liberal Democrat 1.