Osborne on IMF £10bn loan

No country has ever lost money to the IMF in its 67 year history

– George Osborne MP, Chancellor


UK pledges extra £10bn to IMF

The Chancellor George Osborne has pledged a further £10 billion to the International Monetary Fund's bailout package. It won't require approval from MPs as he has only committed around £30 billion of the £40 billion loan approved by Parliament.