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485528
registered interest false more like this
date less than 2016-03-23more like thismore than 2016-03-23
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Royal Bank of Scotland more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will publish and place in the Library his correspondence on the (a) sale of Government's Dividend Access Share and (b) proposed sale of Government shares in Royal Bank of Scotland since August 2015. more like this
tabling member constituency Leeds East more like this
tabling member printed
Richard Burgon remove filter
uin 32361 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-04-11more like thismore than 2016-04-11
answer text <p>HM Government reached an agreement with RBS and the European Commission on 9 April 2014 to amend the terms of the Dividend Access Share (DAS). The full terms of this agreement can be found on the European Commission’s website:</p><p><a href="http://europa.eu/" target="_blank">http://europa.eu</a></p><p> </p><p>The first sale of Royal Bank of Scotland (RBS) shares was conducted in August 2015. The advice which the Chancellor received from a) the Governor of the Bank of England; b) N.M. Rothschild; c) HM Treasury; and d) UK Financial Investments (UKFI) is available on the Government’s website:</p><p><a href="http://www.gov.uk/" target="_blank">www.gov.uk</a>.</p><p> </p><p>The government has not undertaken any sale of RBS shares since August 2015.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN 32362 remove filter
question first answered
less than 2016-04-11T14:19:15.24Zmore like thismore than 2016-04-11T14:19:15.24Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
4493
label Biography information for Richard Burgon more like this