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Proceeding contribution from Andrew Pelling (Independent (affiliation)) in the House of Commons on Wednesday, 17 December 2008. It occurred during Debate on bill on Banking Bill.


Banking Bill

I appreciate the need for flexibility in these difficult financial times. Will that clause or any other give the Government the power to set up a bank in an emergency that can take over bad debts from other banks to provide a possible solution to a financial crisis?


Secondary information

Type
Proceeding contribution
Reference
485 c1120 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Compensation Codes of practice Assets Bank services Banks Credit agreements Building societies Bank of England Capital Financial institutions Insolvency Government assistance Financial Services Authority Private sector Nationalisation Henry VIII clauses Financial Services Compensation Scheme
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk