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Oral question asked in the House of Lords, by Lord Foulkes of Cumnock (Labour). It was answered on Tuesday, 10 November 2009.


Banking

Question
My Lords, will the Minister confirm that, irrespective of what decisions are made about the future of the banks, the three separate Scottish banknotes will continue to be issued and the holders of such banknotes will be protected against any potential future insolvency?
Answer

My Lords, I am delighted that my noble friend was able to attend the Committee yesterday when we discussed these issues, and I am pleased that I am able to confirm today what I was able to confirm yesterday.


Secondary information

Type
Oral question
Reference
714 c679 
Session
2008-09
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Banks Government assistance Government shareholding EU action Reorganisation European Commission Royal Bank of Scotland Lloyds Banking Group
Link
View this Oral question on www.publications.parliament.uk