Given that the three banks in which the Government are considering taking a public stake have combined assets and risks on their balance sheets of £3 trillion—twice our national income, and five times our tax revenue—does the Chancellor agree that it is very much in the taxpayer's interest that all men and women of good will should work to get the maximum amount of share capital and other sources of money from the private sector into those banks, to limit taxpayer risk?
Financial Markets
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Monday, 13 October 2008.
It occurred during Ministerial statement on Financial Markets.
Type
Proceeding contribution
Reference
480 c547 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-16 01:52:17 +0000
URI
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