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Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Monday, 3 November 2008. It occurred during Debate on Economy.


Economy

My Lords, on the specific package that the Minister mentioned—the so-called bail-out package for banks—how did the information on those discussions come into the public domain before it was announced, which saw a fall in, for example, the royal bank’s share price by almost two-thirds and did great damage to the financial system? Why have the Government not got an inquiry into how that information was leaked, along with several other instances where market-sensitive information has come out of his department?


Secondary information

Type
Proceeding contribution
Reference
705 c16 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Bank services Banks Credit Finance Fiscal policy Financial markets Economic situation Economic policy Mortgages Loans Monetary policy Small businesses Regulation World economy
Link
View this Proceeding contribution on www.publications.parliament.uk