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UK Parliament · Bill
Loans to Ireland Act 2010
Summary
This Act allows the UK government to lend billions of pounds to Ireland during its 2010 financial crisis, when Irish banks and the economy were failing. The law gives the government the power to provide financial help to prevent Ireland's complete economic breakdown.
A vote to support means
- —Supporting this Act means the UK government can lend money to Ireland to help with its serious financial crisis. Supporters believe this helps our nearest neighbour avoid economic collapse, which could harm UK businesses and trade, and shows solidarity with Ireland during a difficult time.
A vote to oppose means
- —Critics worry that British taxpayers' money is being used to bail out another country when the UK has its own money problems. Some argue the Irish government and EU should solve their own financial crisis, or question whether the loan money will actually be repaid.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading9 Dec 2010
- 2nd reading15 Dec 2010
- Committee stage15 Dec 2010
- 3rd reading15 Dec 2010
Lords
- 1st reading15 Dec 2010
- 2nd reading21 Dec 2010
- 3rd reading21 Dec 2010
Royal Assent21 Dec 2010
Full Bill Description(click to expand)
No description available