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Hbos Takeover

EDM number 2269 in 2007-08, proposed by Alistair Carmichael on 16/10/2008.
Categorised under the topics of Economic situation and Financial institutions.

That this House welcomes the measures taken by the UK and other governments to tackle the current banking crisis; calls on the Government to reverse its decision to make the Lloyds TSB takeover of HBOS a condition of its bail-out funding; considers that the promises of the Lloyds TSB management that only the Scottish headquarters of the merged bank would be retained in Edinburgh a totally inadequate response to Scottish demands and would result in a huge loss of jobs and decision-making powers in Scotland, particularly in Edinburgh and Fife; and calls on the Government to use its stakeholding in HBOS to retain it as an independent bank with its corporate headquarters in Edinburgh and to make this a condition of funding for HBOS.

This motion has been signed by a total of 18 MPs.

MPDateConstituencyPartyType
Alistair Carmichael16/10/2008Orkney and ShetlandLiberal DemocratProposed
Mike Hancock20/10/2008Portsmouth SouthLiberal DemocratSeconded
John Leech21/10/2008Manchester, WithingtonLiberal DemocratSeconded
Danny Alexander21/10/2008Inverness, Nairn, Badenoch and StrathspeyLiberal DemocratSeconded
Michael Moore21/10/2008Berwickshire, Roxburgh and SelkirkLiberal DemocratSeconded
Rudi Vis21/10/2008Finchley and Golders GreenLabourSeconded
Mark Hunter21/10/2008CheadleLiberal DemocratSigned
John Barrett22/10/2008Edinburgh WestLiberal DemocratSigned
Menzies Campbell22/10/2008North East FifeLiberal DemocratSigned
Charles Kennedy22/10/2008Ross, Skye and LochaberLiberal DemocratSigned
Robert Smith23/10/2008West Aberdeenshire and KincardineLiberal DemocratSigned
John Thurso27/10/2008Caithness, Sutherland and Easter RossLiberal DemocratSigned
Jo Swinson27/10/2008East DunbartonshireLiberal DemocratSigned
Willie Rennie29/10/2008Dunfermline and West FifeLiberal DemocratSigned
Nick Harvey30/10/2008North DevonLiberal DemocratSigned
Bill Etherington30/10/2008Sunderland NorthLabourSigned
Mark Williams03/11/2008CeredigionLiberal DemocratSigned
Edward Davey06/11/2008Kingston and SurbitonLiberal DemocratSigned

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