UK Parliament / Open data

Finance Bill

Proceeding contribution from John Redwood (Conservative) in the House of Commons on Tuesday, 20 July 2010. It occurred during Debate on bills on Finance Bill.
In August and September 2007, when I and some others were urging the Government to make more cash and liquidity available to the banking system to prevent the collapse of Northern Rock and others, why did they ignore our warning? Why did they lecture the banks about having got it wrong, instead of supplying reasonable amounts of money to see them through, and then bankrupt them as a result?
Type
Proceeding contribution
Reference
514 c203 
Session
2010-12
Chamber / Committee
House of Commons chamber
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