Skip to main content

Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Thursday, 21 February 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

My noble friend is asking why the taxpayers cannot have the same information as was provided to Richard Branson before they embark upon this purchase. As he said, it is a regulatory requirement that you should treat all potential purchasers the same, so why cannot we have that information? While the Minister is answering that point, perhaps he will answer one of the questions I asked last night. Will the Government make available the very expensive advice that we obtained from Goldman Sachs and others for which we are paying? Why cannot that be provided? What do the Government have to hide?


Secondary information

Type
Proceeding contribution
Reference
699 c310 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Compensation Audit Administration Corporation tax Banks Competition Building societies Freedom of information Liability EU law Government assistance Financial Services Authority Powers Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Lloyds TSB Shares Reform Taxation Shareholders Takeovers Treasury Hybrid bills Business plans Northern Rock Granite
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk