[S3M-2779] Decision Time — 30 Oct 2008 at 17:00

This looks like the vote on S3M-2779

The description in the bulletin on 2008-10-29 is:

*S3M-2779 Tavish Scott: The Importance of HBOS to the Scottish Economy and Jobs—That the Parliament gives a general welcome to the measures taken by the UK and other governments to tackle the current banking crisis; considers, however, that the recapitalisation plans announced by HM Treasury in October 2008 have fundamentally changed the landscape under which competition rules were waived to enable a merger between Lloyds TSB and Halifax Bank of Scotland (HBOS); further considers that inconsistent statements have come from the UK Treasury about whether or not the banks would independently have access to the recapitalisation funds; believes that this ambiguity is not serving anyone’s interests in the present environment; further believes that losing HBOS corporate headquarters and jobs in Edinburgh would seriously jeopardise the city’s position as a financial centre; sees no reason why HBOS should not be able to access UK Treasury recapitalisation and, therefore, liquidity funding on the same independent basis as other major banks, and, with this in mind, considers it a very real possibility that an independent HBOS solution could be found that may well be in the best interests of shareholders, employees, customers and the Scottish economy at large.

You can search for this motion (S3M-2779) on TheyWorkForYou

Text Introducing Division:

The fifth question is, that motion S3M-2779, in the name of Tavish Scott, on the importance of HBOS to the Scottish economy and jobs, be agreed to. Are we agreed?

No.

There will be a division.

Debate in Parliament | Source |