Economy

Part of the debate – in the House of Lords at 3:15 pm on 3rd November 2008.

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Photo of Lord Forsyth of Drumlean Lord Forsyth of Drumlean Conservative 3:15 pm, 3rd November 2008

My Lords, on the specific package that the Minister mentioned—the so-called bail-out package for banks—how did the information on those discussions come into the public domain before it was announced, which saw a fall in, for example, the royal bank's share price by almost two-thirds and did great damage to the financial system? Why have the Government not got an inquiry into how that information was leaked, along with several other instances where market-sensitive information has come out of his department?