Proceeding contribution from David Gauke (Conservative) in the House of Commons on Wednesday, 15 October 2008. It occurred during Debate on HM Treasury.
HM Treasury
If the Financial Secretary is saying that it was necessary to make the arrangements in the way in which the Government have with the proportion of ordinary shares that he has set out, why was that not clear when the deal was reached at 5 o'clock in the morning on Wednesday? That supports the widely held view that the deal was put together quickly. My hon. Friend the Member for Chichester (Mr. Tyrie) has pointed out the lack of preparation for recapitalisation.
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c837
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Capital investment Barclays Financial markets Government shareholding National income Public expenditure Lloyds TSB Shares HBOS Royal Bank of Scotland Landsbanki
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 01:12:29 +0000
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