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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Tuesday, 25 January 2011.


Banks: Lending

Question
To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 18 January (WA 19), how data on bank lending from the sources specified indicate the amount major United Kingdom banks will lend in 2011 in the absence of direction by, or agreement with, the Government.
Answer

As the Chancellor stated on 11 January, we are working with the banks to ensure that they make a greater contribution to lending. We will provide details to Parliament when the negotiations have been finalised.


Secondary information

Type
Written question
Reference
6022; 724 c131WA
Session
2010-12
Related items
Banking
Tuesday, 18 January 2011
Written questions
House of Lords
Subjects
Banks Loans
Link
View this Written question on www.publications.parliament.uk