To ask the Chancellor of the Exchequer what estimate he has made of the costs incurred by his Department in (a) legal and (b) accountancy fees relating to (i) Kaupthing, Singer and Friedlander and (ii) Kaupthing, Singer and Friedlander (Isle of Man) in each of the last six months. (258317)

The figures in relation to Kaupthing Singer and Friedlander will be included in the Treasury annual resource accounts 2008-09 in due course.

Arrangements for depositors in banks in the Isle of Man, including Kaupthing Singer and Friedlander, Isle of Man, are a matter for the Government of the Isle of Man. The Treasury has not engaged external financial advisers in relation to Kaupthing Singer and Friedlander, Isle of Man.