Proceeding contribution from Lord Bellingham (Conservative) in the House of Commons on Thursday, 9 October 2008. It occurred during Topical debate on TOPICAL DEBATES Financial Stability.
TOPICAL DEBATES Financial Stability
The Minister will be aware that Norfolk county council is among a number of local authorities with money on deposit with subsidiaries of Icelandic banks. It seems to many of us that, in the circumstances post-Northern Rock, that was not the wisest thing to have done. Did the Treasury give any specific instructions or advice to those local authorities?
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c425
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Assets Debts Bank services Banks Credit Bank of England Borrowing Investment Financial institutions Financial Services Authority Financial markets Local government Public expenditure Mortgages Loans Lloyds TSB Housing market HBOS Government guaranteed credit Royal Bank of Scotland Abbey National ING Bank Landsbanki Bradford and Bingley Heritable Bank
- Legislation
- Anti-terrorism, Crime and Security Act 2001
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-16 01:31:36 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_498317
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_498317
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_498317