The Chancellor made the promise in the Commons as he faced growing pressure from his own party to repatriate powers from Europe. Mr Osborne said he would not allow the International Monetary Fund, which is partly bankrolled by British taxpayers, to provide money for the new euro bail-out fund. The announcement was a fillip to Conservative backbenchers who have demanded that the Government acts to claw back powers from Brussels. The Daily Telegraph has learnt that Tory MPs will meet next month to begin drawing up a detailed plan calling for the return of employment and social laws following the back-bench rebellion over a European referendum. Mr Osborne told MPs: âBritain will not be putting money into the bail-out fund either directly or through the IMF.â He ruled out IMF involvement amid indications that the international organisation may be asked to help bankroll the â¬1 trillion (Â£880 million) fund to lend money to beleaguered countries in the single currency. âThe IMF exists to support countries, it does not exist to support currencies,â Mr Osborne said. âThe IMF contributing money to the eurozone bail-out fund, no; Britain contributing money to the eurozone bail-out fund, no. That is Britainâs clear position.â http://www.telegraph.co.uk/news/pol...-to-block-IMF-cash-for-eurozone-bail-out.html BritainÂ´s clear position, hum? Financial trasnaction tax - here it comes, Mr. Osborne. A nice thank you from "Mutti" Merkel and Monsieur Sarkozy.