To ask the Chancellor of the Exchequer if he will remove the negative control which has been placed on the assets of Landsbanki in the UK. (227454)

The Government have frozen the funds of Landsbanki to prevent actions being taken which would be to the detriment of the UK economy. We are working constructively with the Icelandic Government to ensure that UK depositors and creditors of Icelandic banks are not unfairly disadvantaged. The Treasury will keep the freezing order under review.

To ask the Chancellor of the Exchequer whether he plans to take steps to protect commercial depositors in the event of a bank collapsing. (227627)

The Government has announced a number of measures to maintain financial stability, to protect savers and to rebuild confidence in the financial system. This action is designed to help businesses, individuals and the wider economy.