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Proceeding contribution from Lord Swire (Conservative) in the House of Commons on Tuesday, 19 February 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

I am grateful to the Chancellor for giving way again. What discussions did he have at the time with Paul Thompson on the new management proposal? He and his team had raised £700 million—£500 million from existing shareholders, and another £200 million from the Tyne consortium in the United States. What discussions did the Chancellor have with them at the time?


Secondary information

Type
Proceeding contribution
Reference
472 c180 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Compensation Accountability Audit Banks Competition Building societies Bank of England Liability EU law Government assistance Financial Services Authority Economic situation Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Regulation Stocks and shares Shareholders Takeovers Treasury Virgin Group Business plans Northern Rock Granite Sunset clauses
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk