UK Parliament / Open data

Banking (Special Provisions) Bill

Again, much depends on the business plan that is to be prepared. As the business plan progresses, the Government will have to reach a judgment as to when it is right—when it is the best value for the taxpayer in terms of getting the Bank of England money repaid—to do so. That judgment will have to be reached further along the line. I cannot tell the hon. Gentleman when exactly that will be. I have made it clear, however, that the business plan will need to set out the direction in which the company is to proceed. I have also made it clear on many occasions that the measure can only be a stepping stone before the company is returned to the private sector.

About this proceeding contribution

Reference

472 c178-9 

Session

2007-08

Chamber / Committee

House of Commons chamber
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