§ Lord Spens
asked Her Majesty's Government:
What is the total number of Authorised Banking Institutions included in the "lifeboat" since the summer of 1991 and what is the gross value of facilities indemnified by the Bank of England.
The Earl of Caithness
It is for the Bank of England to determine its policy on answering questions concerning such matters. The bank issued a statement earlier today describing its role during a period following the middle of 1991 in arranging support for a few small banks. A copy of the statement has been placed in the Library.