Skip to main content

Proceeding contribution from George Osborne (Conservative) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

My right hon. Friend is right. It is especially unfair that the burden of the levy is falling on the building societies rather than on the investment banks. Many of the building societies—especially the larger ones, such as Nationwide—did the right thing and are paying a heavy price for it, as I saw when I went to Swindon. I will be going again to Swindon several times over the next year to discuss these issues with Nationwide.


Secondary information

Type
Proceeding contribution
Reference
489 c939 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk