Written question asked by Lord Jopling (Conservative), in the House of Lords. It was answered by Lord Myners (Labour) on Monday, 20 April 2009.

Banking

Question: To ask Her Majesty's Government further to the Written Answer by Lord Myners on 19 March (WA 72), how the amount of public money per head of the Scottish population provided for HBOS and the Royal Bank of Scotland compares to a similar figure for Iceland-based banks in terms of the population of Iceland.

Answer: In relation to the public money provided to HBOS and the Royal Bank of Scotland (RBS), I have nothing to add to my Answer of 19 March. In relation to the Government's support for UK depositors with Iceland-based banks, I refer the noble Lord to the Statement made by the Chancellor of the Exchequer on 13 October 2008 Official Report, col. 23WS- 25WS, and on 6 November 2008 Official Report, col. 26WS. The provision of public money in Iceland is a matter for the Icelandic Government.

Secondary information

Type: Written question
Reference: 2460; 709 c301WA
Session: 2008-09
Related items: Elections: Scotland
Thursday, 19 March 2009
Written questions
House of Lords; Banking: Iceland
Thursday, 6 November 2008
Written statements
House of Lords; Banking
Monday, 13 October 2008
Written statements
House of Lords
Subjects: Banks Finance Government assistance Iceland HBOS Royal Bank of Scotland
Link: View this Written question on www.publications.parliament.uk