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Proceeding contribution from Mark Hoban (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

It is good that the hon. Gentleman does that. He should have asked the Financial Secretary how the Government intend to achieve what he outlined because yesterday's statement refers to executive compensation packages. There will be an agreement between the Government and banks on recapitalisation using the £25 billion that has been set aside. It would be interesting to hear the Government present their mechanism for that. Perhaps the Financial Secretary could outline the Government's progress on it.


Secondary information

Type
Proceeding contribution
Reference
480 c430 
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