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Written question asked by John Greenway (Conservative) on Monday, 26 November 2007, in the House of Commons. It was due for an answer on Thursday, 29 November 2007. It was answered by Baroness Ussher (Labour) on Thursday, 29 November 2007 on behalf of the Treasury.


Northern Rock: Debts

Question
To ask the Chancellor of the Exchequer what the value is of subordinated debt owed by Northern Rock to the Exchequer; and if he will make a statement.
Answer

The value of subordinated debt owed is a matter for Northern Rock and the Bank of England. We would not comment on any lending from the Bank of England.


Secondary information

Type
Written question
Reference
169079; 468 c583W
Session
2007-08
Subjects
Northern Rock
Link
View this Written question on www.publications.parliament.uk