Written question asked by Austin Mitchell (Labour), in the House of Commons. It was due for an answer on Tuesday, 7 March 1995. It was answered by Anthony Nelson (Conservative) on Tuesday, 7 March 1995 on behalf of the Treasury.

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Treasury

Question

If the Government will require the high street banks and other financial institutions to hive off their retail operations in such a way that they cannot be affected financially by liabilities incurred in other parts of the enterprise as at present constituted as a condition of the guarantee given to retail depositors.

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Secondary information

Type

Written question

Reference

256 c104W

Session

1994-95

Subjects

Consumers Banks Investment Financial institutions Protection