Proceeding contribution from George Osborne (Conservative) in the House of Commons on Monday, 19 December 2011. It occurred during Ministerial statement on Banking Commission Report.
Banking Commission Report
We want to see more competition, which is why we proceeded with the sale of Northern Rock and why we are pleased to see Lloyds seeking to sell its branches to the Co-operative bank. It is also why we want to see other challenger banks out there. We are also considering a de minimis exemption for some of the smallest banks; we will report back on that when we publish the White Paper.
Secondary information
- Type
- Proceeding contribution
- Reference
- 537 c1090-1
- 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
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- 2023-12-15 14:06:24 +0000
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