Results 1-14 of 14 for rbs speaker:Vincent Cable

Written Answers — Treasury: Bank Services: Interest Charges (11 Nov 2009)

Vincent Cable: To ask the Chancellor of the Exchequer whether he has made an assessment of the effects on the economy of the rates of interest applied to current accounts at (a) Lloyds Banking Group, (b) RBS, (c) Barclays and (d) HSBC; and if he will make a statement.

Oral Answers to Questions — Treasury: Banking Reform (3 Nov 2009) has video

Vincent Cable: I thank the Chancellor for giving us good notice of this statement, but may I check the numbers involved? We have the £25.5 billion for RBS, the £3.3 billion after the fee for Lloyds, the £8 billion contingent capital commitment and the £282 billion insurance for the RBS toxic assets. Why did he not also mention that—as I understand to be the case—RBS has been...

Written Answers — Treasury: Banks: Finance (5 May 2009)

Vincent Cable: To ask the Chancellor of the Exchequer how many documents his Department received from (a) Lloyds Banking Group and (b) RBS as a result of their participation in the Asset Protection scheme; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (21 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer what recent estimate he has made of the cost of the assignment and transfer of assets into the Asset Protection Scheme by (a) Lloyds Banking Group and (b) RBS; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (21 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer what the average duration of the assets placed in the Asset Protection Scheme by (a) Lloyds Banking Group and (b) RBS is; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (21 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer within what period it was agreed with (a) Lloyds Banking Group and (b) RBS that they would provide a quarterly statement of all loses and recoveries in respect of the triggered assets; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (21 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer whether he has provided (a) Lloyds Banking Group and (b) RBS with consent to credit hedge in respect of the Residual Amount in the Asset Protection Scheme; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (21 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer if he will publish details of the hedging strategies entered into with (a) Lloyds Banking Group and (b) RBS to cover non-sterling denominated assets in the Asset Protection Scheme; and if he will make a statement.

Written Answers — Treasury: Banks: Finance (2 Apr 2009)

Vincent Cable: To ask the Chancellor of the Exchequer how many full-time equivalent employees of HM Revenue and Customs are working with (a) Lloyds Banking Group and (b) RBS.

Council Tax Rebate: The Economy (31 Mar 2009) has video

Vincent Cable: ...of the banks, but without effective public control and without the banks being run in the national interest. I thought that it was pathetic when the Chancellor waved a bit of paper and said that he had an agreement of some sort from RBS and Lloyds bank to lend a bit more money. Well, he told us that in October. We have no idea what the banks are doing, and whether they are lending more or...

Council Tax Rebate: The Economy (31 Mar 2009) has video

Vincent Cable: There would be that danger, and that would obviously be a problem for the UK, because we have several global banks here. But RBS, which is a global bank, is not being rescued by the globe. It is being rescued by British taxpayers, and it is not unreasonable in the circumstances for it to make it a priority to lend to solvent British companies. The Government have to pursue that in the...

Opposition Day — [8th Allotted Day]: The Economy (18 Mar 2009) has video

Vincent Cable: That rather illustrated the fact that those independent investment banks, like the investment banks that were part of RBS— [Interruption.] There is the case of Lehman Brothers, but whether they were inside or outside banks, they were high-risk institutions that posed a great risk to the system. Separating them from conventional high street banking seems a necessary step to bring greater...

Oral Answers to Questions — Work and Pensions: G20 Finance Ministers' Meeting (16 Mar 2009) has video

Vincent Cable: ...will produce a code of conduct on tax payments by British banks, but why can the Government not simply stop tax avoidance in banks that are being helped by the British taxpayer? Can he confirm that RBS has stopped its tax avoidance activities? Can he answer the question that I put to his Financial Secretary last week, which is whether Lloyds, now it has been rescued, has agreed to stop...

Oral Answers to Questions — Solicitor-General: Banking (Asset Protection Scheme) (26 Feb 2009) has video

Vincent Cable: ...interest in protecting their bonus arrangements and covering up large-scale tax avoidance scams. The Government claim credit for being tough and stamping on the generous bonus arrangements of RBS and NatWest. I totally agree with the Conservative shadow spokesman about Sir Fred Goodwin. He was absolutely right. He could also have asked—I will ask—how much in addition the...