Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Kirstene Hair Excerpts
Wednesday 17th October 2018

(5 years, 6 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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The hon. Lady is right to raise the issue of the taxpayer supporting the Royal Bank of Scotland to the tune of some tens of billions of pounds. It is right that the Government therefore expect the bank to show profitability and to come back into economic health. Our overarching principle is that the best way of achieving that is to leave commercial organisations such as the Royal Bank of Scotland to be in charge of their own affairs, rather than subject to political interference from Ministers.

Kirstene Hair Portrait Kirstene Hair (Angus) (Con)
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Does my right hon. Friend agree that it was wrong of the Royal Bank of Scotland to turn its back on rural areas such as Angus, specifically when online banking is simply not viable because the SNP Government in Edinburgh have not been fast enough at rolling out broadband?

Mel Stride Portrait Mel Stride
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My hon. Friend makes an important point about the speed of broadband roll-out. Of course, on the broadband issue, the Government in Westminster have recently made available £1 billion across the UK to stimulate market delivery of fibre and mobile coverage.