Rt Hon Lord Lilley

     

    Written Parliamentary Question (WPQ)
    06.11.2008
    482 c682W
    Lilley, Peter
    Investment Income
    To ask the Chancellor of the Exchequer what rate of dividend is to be payable on the preference capital provided to banks.
    Treasury
    Pearson, Ian
    [holding answer 20 October 2008]: The Treasury will receive a coupon of 12 per cent. on preference shares subscribed by the Government in the banks participating in the Government’s recapitalisation scheme.
    228453
    15.10.2008
    20.10.2008
    House of Commons (HoC)
    Commons Chamber
    Answered
    07-08
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