Skip to main content

Banking Sector

Volume 503: debated on Wednesday 13 January 2010

15. To ask the Secretary of State for Scotland what recent assessment he has made of the prospects for the banking sector in Scotland. (309563)

Following the UK Government’s support to Halifax Bank of Scotland and the Royal Bank of Scotland worth £358 billion, I am confident that the Scottish banking sector will return to profitability and again flourish as part of Scotland’s strong and diverse financial services sector.