Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Wednesday, 14 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.
Banking Bill
The answer is yes, but I think that the noble Lord will recognise that, in terms of the public position, the Bank of England would exercise real judgment in using the option in such circumstances. That is why we are in very difficult waters and need more than one vessel to navigate them, of which the bridge bank is one.
Secondary information
- Type
- Proceeding contribution
- Reference
- 706 c1247-8
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Contracts Codes of practice Accountability Directors Assets Bank services Banks Competition Delegated legislation Bank of England Employment Liability EU law Financial institutions Insolvency Private sector Protection Pay Public appointments Property transfer Public sector Parliamentary scrutiny Staff Nationalisation Shares Taxation Shareholders Treasury
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-01-26 18:56:09 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_518981
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