Banks: Finance

Treasury written question – answered on 5th November 2013.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Chancellor of the Exchequer what the effect on the national debt was of money given to failing banking institutions in each year from 2008.

Photo of Nicky Morgan Nicky Morgan The Economic Secretary to the Treasury

Figures measuring the impact of the financial crisis (activities undertaken to support financial institutions) on the Government balance sheet can be found in Table M9 of the Maastricht Treaty statistical bulletin on the Office for National Statistics (ONS) website at:

http://www.ons.gov.uk/ons/rel/psa/eu-government-debt-and-deficit-returns/september-2013/stb---september-2013.html

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