Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Wednesday, 20 February 2008. It occurred during Debate on bill on Banking (Special Provisions) Bill.
Banking (Special Provisions) Bill
My Lords, on competition and the point that was made earlier, Northern Rock is offering very much more generous deposit rates and depositors to Northern Rock have a government guarantee behind them. We already have unfair competition. Where were the Competition Commission and Europe while this was going on?
Secondary information
- Type
- Proceeding contribution
- Reference
- 699 c225
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Accountability Administration Assets Banks Competition Building societies Bank of England Freedom of information Liability Government assistance Financial Services Authority Public bodies Mortgages Loans Staff Nationalisation Lloyds TSB Shares Shareholders Takeovers Northern Rock Granite Sunset clauses
- Legislation
- Banking (Special Provisions) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:17:16 +0000
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