At Prime Minister's Questions Bill Cash asked: "The €440 billion eurozone facility can be used without infringing either UK liability or sovereignty. The Darling guarantee mechanism with qualified majority voting involves, unnecessarily, both UK liability and sovereignty. Where it is in our national interest and we can afford it, why not provide a UK-Irish but non-EU loan?"

Thisismoney reports: "George Osborne last night said Britain 'stands ready' to stump up billions of pounds to help save debt-laden Ireland from collapse." The post points out that "Tory MP Bill Cash said any rescue package should come from the Eurozone and that assistance from Britain should be a 'UK-Ireland' loan."

The Sun also reports: "Veteran Tory Eurosceptic Bill Cash urged Mr Osborne to make direct loans to Ireland instead."