I welcome what the Chancellor said about Icesave today. A recently retired couple in my constituency sold their home and deposited all they have—the £740,000 proceeds of the house sale—in a six-month bond with Icesave, so they will be particularly pleased. The Chancellor said that he would give more information later today. Will he tell us when depositors will be given clear guidance on how to recover their money—I suspect that they will want to do so as soon as possible—and what sort of time frame he is working to?
Financial Stability
Proceeding contribution from
Baroness Browning
(Conservative)
in the House of Commons on Wednesday, 8 October 2008.
It occurred during Ministerial statement on Financial Stability.
Type
Proceeding contribution
Reference
480 c288
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 23:47:45 +0000
URI
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