UK Parliament / Open data

Fiscal Responsibility Bill

I am not sure whether the hon. Gentleman is arguing that we should not have intervened as we did with the Royal Bank of Scotland or the Lloyds Banking Group—[Interruption.] He says that we should have intervened. Well, those actions have consequences: we have major shareholdings in RBS and Lloyds Banking Group so we have to determine the appropriate accounting treatment. There is obviously disagreement among Conservative Members who I think really want to make political mischief of these issues rather than understand the fact that they are accounted for in a number of different ways according to different accounting conventions.
Type
Proceeding contribution
Reference
504 c347 
Session
2009-10
Chamber / Committee
House of Commons chamber
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