Lord Myners answers questions on Scottish banking

13 January 2010

The Scottish Affairs Committee will hear oral evidence from Lord Myners, Financial Services Secretary and Government Spokesperson for HM Treasury on the issue of banking in Scotland. Watch live from 2.30pm.

The Scottish Affairs Committee previously held evidence sessions on Banking in Scotland focusing on the practical and competition implications of the merger between Lloyds Banking Group and HBOS, the operation of banks in Scotland following recent developments in the UK banking sector, and the provision of banking services to the public in the current economic climate.

The Committee then decided to extend its inquiry to focus on the following areas:

  • the effect of the banking crisis on jobs
  • banking services to the public and small business lending in Scotland
  • the effect of the failure of Scottish banks and building societies on the international reputation of Scotland’s banking sector
  • the effectiveness of measures put in place by the UK Government to tackle the impact of the banking crisis and to aid recovery in Scotland

In a second session at 3pm, the Committee hears evidence from Jim Murphy MP, Secretary of State for Scotland, on the Scotland Office White Paper and the recommendations of the Calman Commission – an independent review of the experience of Scottish devolution since 1998.

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