Bank Services

Treasury written question – answered on 28th October 2008.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Chancellor of the Exchequer

(1) what representations he has received from the government of Iceland on the use of anti-terrorist legislation to seize Icelandic bank assets;

(2) what steps he is taking to (a) improve relations with Iceland and (b) help that country in its financial difficulties.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary, Department for Business, Enterprise & Regulatory Reform, Economic Secretary, HM Treasury

holding answer 22 October 2008

The Government are working closely with the Icelandic authorities to resolve issues of mutual interest related to the financial crisis.

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