The Government turned down the only decent offer that they received. Lloyds bank was prepared to buy it with a Government guarantee or loan, which was a quarter of what the Government now have on the table.
Banking (Special Provisions) Bill
Proceeding contribution from
Lord Maples
(Conservative)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
Type
Proceeding contribution
Reference
472 c285
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:03:58 +0000
URI
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