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Proceeding contribution from Lord Tyrie (Conservative) in the House of Commons on Tuesday, 31 March 2009. It occurred during Debate on The Economy.


The Economy

Lord Myners has asserted that the RBS board exercised discretion to enhance Sir Fred's pension. Sir Tom McKillop flatly contradicts that, and he is supported by the minutes. In his letter, he says:""There was no question of any discretion being exercised in relation to Fred's pension and no discretion was exercised in that regard by any other RBS director."" Does not the Chancellor now think that Lord Myners' position is unsustainable?


Secondary information

Type
Proceeding contribution
Reference
490 c797 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Capital investment Credit Bank of England Government assistance Financial Services Authority Economic situation International Monetary Fund Loans Regulation Tax avoidance Taxation Economic recession G20 World economy
Link
View this Proceeding contribution on www.publications.parliament.uk