The transfer of liabilities of the Newcastle-based Northern Rock and Bradford & Bingley to the national balance sheet is one of three measures which has had a "significant impact" on the public finances, George Osborne told Parliament in his Autumn Statement - adding £17bn to the national debt.
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The constituency of Washington and Sunderland West includes the UK's largest car plant, which was opened by Nissan in 1984.
This seat was formed prior to the 2010 General Election, taking in Sunderland city centre and the Ryhope area to the south.
The constituency of Stockton South includes relatively affluent areas like Yarm and Eaglescliffe.