Rt Hon Lord Lilley

    Statement
    Date of Proceeding: 13.10.2008
    Reference: 480 c550
    Member: Lilley, Peter
    Title: Financial Markets
    Description: I wholeheartedly agree with the Chancellor’s remark in response to an earlier question-that the principal lesson of the past year is that delay and indecision undermine the impact of measures when they are eventually introduced. Is not that even more true of a lack of detail? Will he issue to this House a detailed paper on all the decisions that have been taken and let us know, for example, what interest rate-what dividend rate as a percentage-he is charging on the preference shares for these banks? I wholeheartedly agree with the Chancellor’s remark in response to an earlier question-that the principal lesson of the past year is that delay and indecision undermine the impact of measures when they are eventually introduced. Is not that even more true of a lack of detail? Will he issue to this House a detailed paper on all the decisions that have been taken and let us know, for example, what interest rate-what dividend rate as a percentage-he is charging on the preference shares for these banks?
    Proceeding: 72930
    Legislature: House of Commons (HoC)
    Place: Commons Chamber
    Session: 07-08
    Notes:

    Mr. Darling: As I said in my statement, I will arrange for copies of the agreements to be put in the Libraries of both Houses in the usual way.

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