Skip to main content

INTEREST FREE MONEY

EDM (Early Day Motion) 743: tabled on 22 February 2005

Tabled in the 2004-05 session.

This motion has been signed by 22 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House believes that for public and social infrastructure developments interest-bearing debt is unsatisfactory, burdensome and inadequate; notes that borrowing is not the only available method of financing; and therefore calls on the Government to grant the Bank of England, within that institution's inflation targets, the power to generate sufficient interest-free credit, and to allocate it to a national credit agency for disbursal for such local and national public and social infrastructure development projects as this House shall from time to time determine.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.