As I said earlier, the money will be raised through the Government's normal operations when it needs to raise money. I also said that if firms choose to use the recapitalisation fund, the Government will take preference shares. That is pretty straightforward. The taxpayer will therefore be remunerated for those shares; of course, in due course they will be sold.
Financial Stability
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Wednesday, 8 October 2008.
It occurred during Ministerial statement on Financial Stability.
Type
Proceeding contribution
Reference
480 c294 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 23:48:28 +0000
URI
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