Proceeding contribution from Stephen Williams (Liberal Democrat) in the House of Commons on Monday, 19 December 2011. It occurred during Ministerial statement on Banking Commission Report.
Banking Commission Report
I congratulate my right hon. Friends the Chancellor and the Business Secretary on working together to provide a secure future for our banking sector and to put behind us the failures of the past. Uppermost in the public's mind from the past will have been the £45 billion bail-out of the Royal Bank of Scotland, and, given that it is now under state ownership, could not the Chancellor consider its break-up to establish a challenger bank on the high street for lending specifically to small and medium-sized businesses in order to provide the finance for future growth and economic recovery?
Secondary information
- Type
- Proceeding contribution
- Reference
- 537 c1080
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Costs Bank services Banks Competition Finance Incentives Standards Regulation Government responses Royal Bank of Scotland Financial Conduct Authority Independent Commission on Banking Payments Council
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 14:07:48 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_796296
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_796296
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_796296