UK Parliament / Open data

Financial Stability

Ministerial statement on Wednesday, 8 October 2008, in the House of Commons, led by Lord Darling of Roulanish.
Statement on measures to restore confidence in the banking system
Type
Parliamentary proceeding
Reference
480 c277-94 
Session
2007-08
Department
Treasury
Chamber / Committee
House of Commons chamber
Kaupthing Singer and Friedlander
Monday, 17 November 2008
Written questions
House of Commons
Bank Recapitalisation Scheme
Tuesday, 18 November 2008
Written statements
House of Commons
Proceeding contributions
Lord Darling of Roulanish | 480 c277-80 (Link to this contribution) With permission, Mr. Speaker, I shall make a statement on the proposals that I announced this mornin...
George Osborne | 480 c280-1 (Link to this contribution) I am grateful to the Chancellor not just for his statement, but for discussing it with me this morni...

Show all contributions (61)
Michael Meacher | 480 c285 (Link to this contribution) If £250 billion has been pre-emptively committed to securing the banks, for reasons that we all unde...
Lord Darling of Roulanish | 480 c284-5 (Link to this contribution) Again, I am grateful to the hon. Gentleman for what he has said. I am very glad that he has welcomed...
Lord Darling of Roulanish | 480 c285 (Link to this contribution) I am glad that my right hon. Friend agrees that we need to support the banking system. I refer him t...
Stuart Bell | 480 c283 (Link to this contribution) I refer to the point made by the Prime Minister that the media have not yet homed in on the Governme...
Lord Darling of Roulanish | 480 c281-3 (Link to this contribution) I am grateful to the hon. Gentleman for his support. I am glad that I had the opportunity to speak t...
Vincent Cable | 480 c283-4 (Link to this contribution) My colleague and party leader has already made it very clear that we support these measures as being...
Lord Darling of Roulanish | 480 c283 (Link to this contribution) I agree with my hon. Friend. I think that everyone in the House would acknowledge that all of us—whe...
Lord Darling of Roulanish | 480 c286 (Link to this contribution) My hon. Friend raises a valid point. Memories can be short. In another 15 years, when there is anoth...
Chris Mullin | 480 c285-6 (Link to this contribution) I am sure that my right hon. Friend shares the joy of the whole House that the shadow Chancellor has...
Lord Darling of Roulanish | 480 c285 (Link to this contribution) No, I do not agree with the underlying premise of the right hon. and learned Gentleman's question. S...
George Galloway | 480 c286 (Link to this contribution) When the Liberals sound like Labour and the Conservatives like communists, the kaleidoscope has defi...
Lord Darling of Roulanish | 480 c286 (Link to this contribution) I am grateful to the hon. Gentleman for his unaccustomed support for our position. I shall make the ...
Lord Darling of Roulanish | 480 c287 (Link to this contribution) I expect that the Treasury Committee, with good reason, probably believes that is one of the things ...
John Greenway | 480 c287 (Link to this contribution) The Chancellor referred to the regulation of the Financial Services Authority. Another feature I sho...
Gordon Prentice | 480 c287 (Link to this contribution) Given that we are compensating people who lost money in the Icelandic banks, does the Chancellor agr...
Lord Darling of Roulanish | 480 c287 (Link to this contribution) I am sure that many, if not most, people in this country agree with those sentiments.
Stewart Hosie | 480 c287-8 (Link to this contribution) I thank the Chancellor for advance notice of his statement. I very much welcome it because it is sys...
Lord Darling of Roulanish | 480 c287 (Link to this contribution) The reason for my decision in relation to the Icelandic banks is the systemic problems that we now f...
Lord Darling of Roulanish | 480 c288 (Link to this contribution) I am grateful to the hon. Gentleman for his comments on Icesave and what I said about the retail dep...
Joan Ryan | 480 c288 (Link to this contribution) I welcome the package of proposals and the decisive action announced by the Prime Minister and the C...
Lord Darling of Roulanish | 480 c288 (Link to this contribution) My right hon. Friend is absolutely right: we should all remember that, at the end of the day, we are...
Baroness Browning | 480 c288 (Link to this contribution) I welcome what the Chancellor said about Icesave today. A recently retired couple in my constituency...
Lord Darling of Roulanish | 480 c289 (Link to this contribution) I was going to say, in the nicest possible way, that my hon. Friend sounds like a new Conservative, ...
Colin Burgon | 480 c289 (Link to this contribution) Will the Chancellor put my fears to rest? I see the market putting its invisible hand into the pocke...
Lord Darling of Roulanish | 480 c289 (Link to this contribution) I cannot give the hon. Gentleman any undertakings on that today, but I will raise the matter with th...
John Hemming | 480 c289 (Link to this contribution) The Chancellor will be aware that the tier 1 and tier 2 capital ratios are a better indicator of a b...
Lord Darling of Roulanish | 480 c289 (Link to this contribution) The steps that we have taken today are important, but I would say to the House that they are part of...
Phil Wilson | 480 c289 (Link to this contribution) Does my right hon. Friend agree that the financial support for banks that he has announced today is ...
Geoffrey Robinson | 480 c290 (Link to this contribution) I congratulate my right hon. Friend on his comprehensive and substantial set of proposals to restore...
Lord Darling of Roulanish | 480 c290 (Link to this contribution) Again, I am grateful to my hon. Friend for his support, and I agree with him about the decision take...
Lord Tyrie | 480 c289;480 c289-90 (Link to this contribution) I am glad that the Government have finally acted to recapitalise the banks. Of course, the litmus te...
Lord Darling of Roulanish | 480 c290 (Link to this contribution) The hon. Gentleman knows very well that there is a lot of uncertainty in the market at present, but ...
Lord Darling of Roulanish | 480 c292 (Link to this contribution) I agree with my hon. Friend. As she rightly says, there are many companies that do not depend on the...
Claire Curtis-Thomas | 480 c291-2 (Link to this contribution) I very much welcome what my right hon. Friend said about supporting small businesses, and I particul...
Lord Darling of Roulanish | 480 c291 (Link to this contribution) As I indicated earlier, a lot of the money that we have been discussing today is money that the Gove...
Lord Dodds of Duncairn | 480 c291 (Link to this contribution) Along with everything else, people are worried about their savings, pensions, mortgages and jobs; th...
Lord Darling of Roulanish | 480 c292 (Link to this contribution) The point that I was making is that there is a distinction between the ordinary man or woman on the ...
Lord Pickles | 480 c292 (Link to this contribution) The Chancellor rightly wants to protect hard-working taxpayers, but some of those taxpayers also pay...
Lord Darling of Roulanish | 480 c291 (Link to this contribution) My hon. Friend is right to say that the action that we took on Northern Rock is now seen as having b...
Roberta Blackman-Woods | 480 c291 (Link to this contribution) I, too, welcome the Chancellor's statement, and particularly his point about Northern Rock. Many of ...
Lord Darling of Roulanish | 480 c290;480 c290-1 (Link to this contribution) I am not aware of central banks blocking lending. I am aware that some people in this country have e...
Lord Swire | 480 c290 (Link to this contribution) Many smaller companies, particularly those trading in the emerging markets, are reliant on central b...
Speaker | 480 c294 (Link to this contribution) Order. We come now to the ten-minute rule motion.
Bernard Jenkin | 480 c294 (Link to this contribution) May I assure the Chancellor of the Exchequer that I was briefed by Irwin Stelzer on the need to reca...
Lord Darling of Roulanish | 480 c294 (Link to this contribution) As I said earlier, the money will be raised through the Government's normal operations when it needs...
Lord Darling of Roulanish | 480 c292 (Link to this contribution) I agree that the system needs to be fair and open. My hon. Friend is quite right that people accept ...
Lord Young of Cookham | 480 c292;480 c292-3 (Link to this contribution) During the recess, the Government waived competition requirements so that Lloyds TSB could proceed w...
Lord Darling of Roulanish | 480 c293 (Link to this contribution) The decision to merge was taken on a commercial basis by the two companies, Lloyds TSB and HBOS. The...
David S Borrow | 480 c293 (Link to this contribution) My right hon. Friend referred to the effect on the markets earlier this week of weekend speculation ...
Patrick Hall | 480 c292 (Link to this contribution) My right hon. Friend will, I am sure, agree that the British people have an excellent track record o...
Lord Darling of Roulanish | 480 c294 (Link to this contribution) The right hon. and learned Member for Folkestone and Hythe (Mr. Howard) is no longer in his place, b...
Lord Darling of Roulanish | 480 c293 (Link to this contribution) The Governor of the Bank of England is entitled to meet whomever he thinks appropriate. I am sure th...
Lord Darling of Roulanish | 480 c293-4 (Link to this contribution) I am not sure whether that was the first discordant voice that we have heard this afternoon, and the...
Chris Ruane | 480 c294 (Link to this contribution) Has the speculation by the shadow Chancellor about recapitalisation helped the Chancellor or hindere...
Lord Howard of Lympne | 480 c285 (Link to this contribution) Does the Chancellor accept that yesterday's gyrations in the markets were due in large measure to le...
Mark Durkan | 480 c286-7 (Link to this contribution) I join other Members in welcoming the Chancellor's statement, the scale of the action the Government...
Lord Darling of Roulanish | 480 c288-9 (Link to this contribution) The hon. Lady asks a perfectly good question. The financial services compensation scheme, which is t...
Edward Leigh | 480 c293 (Link to this contribution) Often, the gravest risk to accountability in this House lies when both sides agree; there is sometim...
Contains statistics
Yes
Back to top