Banking: Government Shares Debate

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Department: HM Treasury

Banking: Government Shares

Baroness Anelay of St Johns Excerpts
Monday 13th June 2011

(12 years, 11 months ago)

Lords Chamber
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Baroness Anelay of St Johns Portrait Baroness Anelay of St Johns
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My Lords, it is a courtesy. The Question was posed from the Labour Benches. It might be helpful to hear from a different Bench, just for the moment.

Lord Newby Portrait Lord Newby
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My Lords, given that all UK citizens have, to a greater or lesser extent, had to bear some of the costs of the Government bailing out the banks, can the Minister confirm that the Treasury is giving serious consideration to the distribution of the state-owned shares in RBS and Lloyds Banking Group to the UK population as a whole?