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Live: Prime minister's questions Live: Prime minister's questions
(10 minutes later)
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Prime minister's questions (UK only)Prime minister's questions (UK only)
By Emma Griffiths 1206 David Cameron also pays tribute to the servicemen killed in Afghanistan. He also says the whole house is united in sending good wishes to new US President Obama. He says the rise in unemployment suggests the "British economy faces dark days indeed". He says market reactions suggest there was no real confidence in government policies. By Emma Griffiths 1218 Backbencher Andrew MacKinlay asks about a bank's handling of money from Iran and asks why they have not been prosecuted for "laundering" money. Mr Brown says the sanctions policy against Iran was "one of the toughest in the world" and says he will look at the allegations made
1217 Mr Brown says the Tory leader has "no idea" what he would do instead. "The only things he says is to do nothing," he claims. "We will act, they will not act. He's out of step with the rest of the world and he is out of his depth."
1216 Asked what his alternative is, Mr Cameron says if Mr Brown wants to ask questions he should call a general election. Mr Cameron says "the whole country is asking if the government knows what it is doing". He criticises a comment by employment minister Tony McNulty that there was a "light at the end of the tunnel".
1216 Mr Cameron, batting back the "isolated" attack, says Gordon Brown is the only one in the country who "thinks he is doing a good job". He says shares bought by the government were worth £37bn and are now worth £17bn. Mr Brown says the Conservatives do not understand economics and "should really grow up and face up to the big issues". He says the point of the banks' rescue was to stop them collapsing.
1215 Mr Brown says the Tories had supported it at the time and had no other alternatives. He says Mr Cameron was "completely isolated from every major party in every country in the world". The government had a "duty to act", he says.
1214 Mr Cameron says the previous bank bail out has already cost the taxpayer £20bn as bank shares have fallen.
1213 Mr Brown says Mr Cameron and the Tory London mayor share "totally different views". Mr Cameron says he, Mr Clarke and mayor Boris Johnson all agree the PM was making a "mess" of the economy. He says the government has "run out of money".
1212 The PM hits back with quotes Mr Clarke had used in the past to criticise the Tory policy on Europe. He also says Conservative mayor of London Boris Johnson agreed there was a need to get credit flowing and the government was "doing what it can".
1212 Mr Cameron said the PM talked about action but the recession was getting worse. He accuses Mr Brown of attacking Tory policies, only to introduce them later and says he is "behind the curve on every single issue". He says his former chancellor Ken Clarke "left a golden legacy" while former chancellor Mr Brown had "wrecked it".
1211 Mr Brown defends his "asset purchase scheme" and says the government will talk to the banks, look at their assets and liabilities and would report back to MPs on the nature of the scheme - which he said banks would share the risk for. He said it was the "right thing to do".
1210 The PM hits back with a jibe about the "new shadow chancellor" - a reference to Ken Clarke who has returned to the cabinet as shadow business secretary.
1210 Mr Cameron accuses the PM of "laughing" at economic figures and says he has announced an insurance scheme for "toxic assets" with a "staggering lack of detail"
1209 Mr Brown says he may not be able to save every job but he can help people get into new jobs. He says President Obama's plans on fiscal stimulus and bank rescues shows the world can work together. He says President Obama did not say in his speech "Fellow Americans, let's do nothing" - a reference to Labour criticism of the Conservatives.
1206 David Cameron also pays tribute to the servicemen killed in Afghanistan. He also says the whole house is united in sending good wishes to new US President Obama. He says the rise in unemployment suggests the "British economy faces dark days indeed". He says market reactions suggest there was no real confidence in government policies.
1203 Tory MP Douglas Carswell asks why the PM is whipping MPs to vote to exempt themselves form Freedom of Information laws. Mr Brown says the proposals offer "more transparency" than any other Parliament in the world. He says he had believed there had been agreement with opposition parties on the proposed FOI changes.1203 Tory MP Douglas Carswell asks why the PM is whipping MPs to vote to exempt themselves form Freedom of Information laws. Mr Brown says the proposals offer "more transparency" than any other Parliament in the world. He says he had believed there had been agreement with opposition parties on the proposed FOI changes.
1201 Mr Brown opens by paying tribute to three British troops killed in Afghanistan saying "we will remember them with pride". He also sends his best wishes to new US President Barack Obama and says his pledges on the economy, environment will have a "resonance in every part of the world".1201 Mr Brown opens by paying tribute to three British troops killed in Afghanistan saying "we will remember them with pride". He also sends his best wishes to new US President Barack Obama and says his pledges on the economy, environment will have a "resonance in every part of the world".
1159 Spectator journalist Fraser Nelson tells the programme he expects David Cameron to concentrate on the economy - unemployment and debt - and try to get the upper hand. Sir Menzies says Mr Cameron might well raise the issue of MPs trying to exempt themselves from Freedom of Information laws.1159 Spectator journalist Fraser Nelson tells the programme he expects David Cameron to concentrate on the economy - unemployment and debt - and try to get the upper hand. Sir Menzies says Mr Cameron might well raise the issue of MPs trying to exempt themselves from Freedom of Information laws.
1157 Margaret Beckett defends comments made at the weekend on the state of the housing market. She says mortgage approvals are "on the floor" but estate agents were seeing an increase in people looking for homes. She says she did not make any predictions of recovery in the housing market. She says until they can get mortgages, it did not consitute a recovery.1157 Margaret Beckett defends comments made at the weekend on the state of the housing market. She says mortgage approvals are "on the floor" but estate agents were seeing an increase in people looking for homes. She says she did not make any predictions of recovery in the housing market. She says until they can get mortgages, it did not consitute a recovery.
1156: Sir Menzies tells the Daily Politics the current unemployment is among highly skilled people who may find it difficult to transfer into other jobs1156: Sir Menzies tells the Daily Politics the current unemployment is among highly skilled people who may find it difficult to transfer into other jobs
1155 Shadow work secretary Theresa May says the government is "in denial" on economic problems - referring to a comment made earlier by minister Tony McNulty.1155 Shadow work secretary Theresa May says the government is "in denial" on economic problems - referring to a comment made earlier by minister Tony McNulty.
1154 Sir Menzies tells Daily Politics the constitution was a "thoroughly inoffensive" document but did not really provide for "accountability" and said there were still problems enforcing rights as NHS Trusts only had to "have regard" for the constitution.1154 Sir Menzies tells Daily Politics the constitution was a "thoroughly inoffensive" document but did not really provide for "accountability" and said there were still problems enforcing rights as NHS Trusts only had to "have regard" for the constitution.
1153 On the issue of a new 10-year NHS constitution, Mrs Beckett said the basic idea was to bring together what people's rights were, what they are entitled to and what redress they have if rights have been infringed, which must be simpler than now.1153 On the issue of a new 10-year NHS constitution, Mrs Beckett said the basic idea was to bring together what people's rights were, what they are entitled to and what redress they have if rights have been infringed, which must be simpler than now.
1149 Mrs Beckett tells Daily Politics she hopes Iran will not "play games" with the new US administration. Sir Menzies said Iran should not "provoke Israel".1149 Mrs Beckett tells Daily Politics she hopes Iran will not "play games" with the new US administration. Sir Menzies said Iran should not "provoke Israel".
1149 Former Lib Dem leader Sir Menzies Campbell says the UK cannot assume British soldiers can be pulled from Iraq to go to Afghanistan as the Army has been "running hot" for some time.1149 Former Lib Dem leader Sir Menzies Campbell says the UK cannot assume British soldiers can be pulled from Iraq to go to Afghanistan as the Army has been "running hot" for some time.
1147 On Daily Politics housing minister Margaret Beckett was asked if the new US Obama administration would mean changes for UK policy in Afghanistan. She says there is "more to do" in Afghanistan and says she would like to see other members of NATO doing more.1147 On Daily Politics housing minister Margaret Beckett was asked if the new US Obama administration would mean changes for UK policy in Afghanistan. She says there is "more to do" in Afghanistan and says she would like to see other members of NATO doing more.
1135 As well as watching live to see if any of these topics come up you'll also get the instant verdict of BBC political correspondent Iain Watson on our scrolling text service - plus the views of the guests on BBC programmes including Daily Politics, the News Channel and the World at One during and after the half hour sessions. And you can join in by sending us your views on the session using the form on the top right of the page.1135 As well as watching live to see if any of these topics come up you'll also get the instant verdict of BBC political correspondent Iain Watson on our scrolling text service - plus the views of the guests on BBC programmes including Daily Politics, the News Channel and the World at One during and after the half hour sessions. And you can join in by sending us your views on the session using the form on the top right of the page.
1132 Good morning and welcome to the second prime minister's questions of the year. Since last week there has been another bank bail-out, continuing economic turmoil and the decision to give the go ahead for a third runway at Heathrow. The exchanges between Gordon Brown, David Cameron and Nick Clegg also come as the battlelines have been drawn over the issue of MPs' expenses. Labour MPs are being whipped to vote tomorrow for details to be exempt from Freedom of Information laws. Tory and Lib Dem MPs are being told by their party leaders to oppose the move. Oh, and there was also the presidential handover in Washington yesterday.1132 Good morning and welcome to the second prime minister's questions of the year. Since last week there has been another bank bail-out, continuing economic turmoil and the decision to give the go ahead for a third runway at Heathrow. The exchanges between Gordon Brown, David Cameron and Nick Clegg also come as the battlelines have been drawn over the issue of MPs' expenses. Labour MPs are being whipped to vote tomorrow for details to be exempt from Freedom of Information laws. Tory and Lib Dem MPs are being told by their party leaders to oppose the move. Oh, and there was also the presidential handover in Washington yesterday.