Does not US & Canada's absence from new IMF loan make it illegal.

Alex Brummer in the Daily Mail raises the point that the extra £10 billion offered by George Osborne last night to Mme Christine Lagarde is more or less just that, a personal loan from George to Christine, backed by HM Treasury, which has in reality nothing whatever to do with the IMF and its usual financing arrangements.

A legal challenge should be mounted by some of the protesting Tory MPs ASAP it appears to this blogger!