Banks: Iceland

Treasury written question – answered on 12th January 2009.

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Photo of Jo Swinson Jo Swinson Shadow Minister (Foreign and Commonwealth Affairs), Liberal Democrat Spokesperson (Foreign Affairs)

To ask the Chancellor of the Exchequer what steps have been taken to ensure that loans to Iceland from the European Union and International Monetary Fund are used to compensate UK depositors in Icelandic banks; and if he will make a statement.

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

holding answer 16 December 2008

I refer the hon. Lady to the answer I gave Adam Price on 26 November 2008, Hansard, column 1880W.

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