§ Mr. BercowTo ask the Chancellor of the Exchequer what assessment he has made of the capacity of the Bank of England to act as lender of last resort in the event of UK entry to the eurozone. [112284]
§ Mr. BoatengAs stated in the EMU study Policy frameworks in the UK and EMU, published on 9 June alongside the assessment of the five economic tests,
The UK Government, in line with others, believes that lender of last resort operations remain a national responsibility for euro area members.