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Written question asked by William Cash (Conservative) on Thursday, 11 March 2010, in the House of Commons. It was due for an answer on Tuesday, 16 March 2010. It was answered by Sarah McCarthy-Fry (Labour) on Wednesday, 7 April 2010 on behalf of the Treasury.


Banks: Finance

Question
To ask the Chancellor of the Exchequer what changes in levels of (a) taxation and (b) public expenditure will be required to finance the requirement to repay loans made from the public purse to banks, as referred to in the Financial Services Authority's publication Financial Risk Outlook of 10 March 2010.
Answer

[holding answer 16 March 2010]: The Financial Risk Outlook discusses liquidity and funding support provided to eligible institutions. Responsibility for repayment of such support lies with the eligible institution itself.


Secondary information

Type
Written question
Reference
508 c1375W; 322682
Session
2009-10
Subjects
Banks Finance
Link
View this Written question on www.publications.parliament.uk