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Proceeding contribution from Lord Young of Cookham (Conservative) in the House of Commons on Thursday, 13 January 2011. It occurred during Business statement on Business of the House.


Business of the House

I shall see whether I can produce a sword from a stone. We are talking about negotiations and discussions that should have taken place some time ago, when the taxpayer was helping the banks, but they did not take place then. We are now—belatedly, because of the inaction of the previous Government—trying to make sure that taxpayers get value for money for the investment in the banks. As I said a few moments ago, my right hon. Friend the Chancellor of the Exchequer made a statement about the talks on Tuesday, and he indicated that he would want to keep the House in the picture when they were concluded.


Secondary information

Type
Proceeding contribution
Reference
521 c443 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks Pay
Link
View this Proceeding contribution on www.publications.parliament.uk