Mr. SiliarsTo ask the Chancellor of the Exchequer if he will publish the text of the letter of assurance about the future of TSB Scotland which he received from the then chairman of the TSB Group at the time of privatisation.
§ Mr. LilleyThe letter written when the Trustee Savings Bank Act 1985 was under consideration was published inHansard on 4 July 1985 at cols. 261–63.
Mr. SiliarsTo ask the Chancellor of the Exchequer if he will institute an inquiry into the TSB before its proposed restructuring takes place, with a view to ensuring that pledges of autonomy for its Scottish operations, which were given at the time of flotation, are fulfilled.
§ Mr. LilleyThe future structure of the TSB is a matter for the TSB. I note that the TSB has recently confirmed that the assurances made at the time of its flotation will be honoured.