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Proceeding contribution from Lord Young of Cookham (Conservative) in the House of Commons on Monday, 9 March 2009. It occurred during Ministerial statement on Banking (Asset Protection Scheme).


Banking (Asset Protection Scheme)

Further to the Financial Secretary's reply to the hon. Member for Foyle (Mark Durkan), he has consistently referred to Lloyds' agreement to increase lending by an additional £14 billion and has said that that agreement is binding. Can he tell the House what sanctions are available to the Government if Lloyds does not so increase lending?


Secondary information

Type
Proceeding contribution
Reference
489 c43 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Assets Business Banks Finance Insurance Government assistance Government shareholding Protection Pay Mortgages Loans Asset protection scheme Lloyds Banking Group
Link
View this Proceeding contribution on www.publications.parliament.uk