Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much his Department has spent in connection with HBOS fraud cases since they arose.

The investigations into lending by HBOS are a matter for Lloyds Banking Group (LBG) and the Financial Conduct Authority. They are on-going, independent investigations, and it would therefore not be appropriate for the government to intervene. The government expects that the investigation by Professor Russel Griggs will help LBG to resolve outstanding cases as soon as possible, so that any victims of fraud at HBOS Reading can be properly compensated.