Proceeding contribution from Lord Bellingham (Conservative) in the House of Commons on Tuesday, 14 October 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
Has my hon. Friend made any estimate of the chronic deficiency in money coming into the Treasury coffers that will result from these banks and other financial institutions now either breaking even or making a loss, and the number of people who will lose their jobs throughout the country, including in cities where major insurance companies are located? There will be a huge loss of Treasury revenue. Has he estimated how big that loss will be?
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c704
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Consumers Accountability Bank services Banks Building societies Bank of England Bank notes Finance Financial institutions Insolvency Government assistance Economic situation Equitable Life Assurance Society Protection Mergers Nationalisation Lloyds TSB Monetary Policy Committee Scotland Regulation HBOS Financial Services Compensation Scheme National Loans Fund Northern Rock Financial Services Commission Bradford and Bingley
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 01:49:57 +0000
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