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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