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<p>The Government has no plans to conduct an investigation into the collapse of Bradford
and Bingley plc in 2008.</p><p> </p><p>The National Audit Office concluded in its
report of 4 December 2009 that the public support provided to the UK’s banking system
by the Treasury was justified, given the scale of both the economic and social costs
if one or more major banks had collapsed. In providing that support, the Treasury
met two of the Government’s principal objectives, namely maintaining financial stability
and protecting retail depositors.</p>
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