Skip to main content

Banking: Lloyds

Volume 716: debated on Tuesday 5 January 2010


Asked by

To ask Her Majesty's Government whether Lloyds Banking Group have explained to them why, after seeking to reduce by half payments made under covenant to the Lloyds TSB Foundations, they rejected the counter proposal from Lloyds TSB Foundation Scotland which would ensure that funds continue to be distributed to charities in Scotland. [HL88]

The concerns of Foundation for Scotland have been raised with Lloyds Banking Group and we have asked that they are addressed expeditiously. The ongoing discussions are a matter for the foundation and Lloyds Banking Group.

Asked by

To ask Her Majesty's Government when they will answer HL88, tabled on 19 November by Lord Wilson of Tillyorn relating to the Lloyds TSB Foundation Scotland; and what is the reason for the delay in answering. [HL656]

I have today replied to the noble Lord's Question. I apologise for the delay and resolve in the new year to answer all Parliamentary Questions promptly and fully.