There will be a Westminster Hall debate on access to and acceptance of cash during and beyond the Covid-19 pandemic on Thursday 3 December at 1:30 pm.
Documents to download
-
Supplementary Estimate and Consolidated Fund (Appropriation) (No 3) Bill: or how the UK banks were rescued. (68 KB, PDF)
At the height of the financial crisis in 2008 the UK government enacted a rescue plan for its major banks that involved billions of pounds. Despite its constitutional role as the approver of spending, Parliament’s immediate role was that of a spectator as successive statements of intent from government were announced but were, initially, not subject to debate or approval. This note highlights the key statement which set out the government’s plan; the immedate cost of the bail out; and the conditions applied to the recipient banks.
Documents to download
-
Supplementary Estimate and Consolidated Fund (Appropriation) (No 3) Bill: or how the UK banks were rescued. (68 KB, PDF)
Related posts
-
-
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.
-
Cash remains a key payment method for more vulnerable people, but its wider use is in decline, accelerated by the pandemic. How will Government and industry protect access to cash?
