The decision in relation to the merger was taken jointly by the boards of HBOS and Lloyds TSB. That remains the position. I have set out our view and the steps that we are taking in relation to the competition issue, but the decision to merge is a matter for those two boards and, ultimately, for their shareholders.
Financial Markets
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Monday, 13 October 2008.
It occurred during Ministerial statement on Financial Markets.
Type
Proceeding contribution
Reference
480 c547-8
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-16 01:51:38 +0000
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