Topical Questions

Part of Oral Answers to Questions — Treasury – in the House of Commons at 2:30 pm on 22nd March 2011.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 2:30 pm, 22nd March 2011

I am very happy to consider a number of ideas that have been put forward, but we have not yet reached that stage. If we sold the bank shares today, we would still be making a loss as a nation. That is an indication of the scale of the banking crisis. When we come to put those banks back in the private sector, I am sure that there will be a healthy debate in this Parliament and elsewhere about how we treat the proceeds.