Proceeding contribution from Nicholas Winterton (Conservative) in the House of Commons on Thursday, 26 February 2009. It occurred during Ministerial statement on Banking (Asset Protection Scheme).
Banking (Asset Protection Scheme)
I am deeply concerned about the hundreds of thousands and perhaps millions of people in this country and abroad who have lost or are losing their jobs. We have to get the banks lending again to ensure that our economy can grow so that unemployment will not be as high as we perhaps fear. Does the Chancellor believe that the money put aside for Sir Fred Goodwin to enable him at the age of 50 to have an annual pension of £650,000 will give people the confidence—it is confidence that is lacking in this country and elsewhere at the moment—that we can come out of the recession? Will he give an assurance that that pension will be stopped because it is being funded by taxpayers' money?
Secondary information
- Type
- Proceeding contribution
- Reference
- 488 c378
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Audit Assets Banks Capital investment Financial institutions Insurance Economic growth Private sector Protection Public sector Public expenditure Loans Reorganisation Royal Bank of Scotland World economy Asset protection scheme
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 09:42:49 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_532145
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