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Written question asked by Jim Cousins (Labour) on Tuesday, 30 March 2010, in the House of Commons. It was due for an answer on Wednesday, 7 April 2010. It was answered by Sarah McCarthy-Fry (Labour) on Wednesday, 7 April 2010 on behalf of the Treasury.


Royal Bank of Scotland: Liverpool Football Club

Question
To ask the Chancellor of the Exchequer whether the loans made by Royal Bank of Scotland to Liverpool Football Club are guaranteed under the Government's asset protection guarantee scheme.
Answer

The Royal Bank of Scotland is a participant in the Asset Protection Scheme. The Government will not disclose any information on individual assets covered by the scheme because this information is received via the Financial Services Authority and relates to the business affairs of individual customers and counterparties. Disclosure of such information is restricted by domestic and European law, and there are no provisions which would permit disclosure in this case. Such information may also be considered commercially sensitive.


Secondary information

Type
Written question
Reference
508 c1381W; 325740
Session
2009-10
Subjects
Royal Bank of Scotland Liverpool FC
Link
View this Written question on www.publications.parliament.uk