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answer date	2015-06-25
min answer › question first answered	2015-06-03T10:35:11.193Z
creator › label	Biography information for Richard Burden
max question first answered	2015-09-22T11:14:00.11Z
written parliamentary question type	Ordinary

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

384867

registered interest

date

23/06/2015

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Royal Bank of Scotland

house id

legislature

25259

pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, what assessment he has made of the cost and benefits of (a) converting Royal Bank of Scotland (RBS) into a network of local stakeholder banks, (b) breaking up RBS into a series of challenger banks, (c) converting RBS into a state-owned business bank and (d) other options for the future of RBS considered by his Department; and if he will place a copy of any such assessments in the Library.

tabling member constituency

Birmingham, Northfield

tabling member printed

Richard Burden

uin

3801

answer

is ministerial correction

date of answer

30/06/2015

answer text

The Government has been consistent and clear that its objective in respect of RBS ownership is to return the bank to the private sector in full. This policy is supported by recent advice from the Governor of the Bank of England that “it is in the public interest for the Government to begin now to return RBS to the private sector”, and that “there could be considerable net costs to taxpayers of further delaying the start of a sale”. The findings of the recently published Rothschild report into the Government’s shareholding in RBS concur with this assessment.

answering member constituency

West Worcestershire

answering member printed

Harriett Baldwin

question first answered

30/06/2015 14:12:43

answering member

4107

label	Biography information for Dame Harriett Baldwin

tabling member

301

label	Biography information for Richard Burden