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Oral question asked in the House of Lords, by Lord Higgins (Conservative). It was answered on Wednesday, 26 November 2008.


Banking: Northern Rock

Question
My Lords, the noble Lord seems to be saying that there are no consequences whatsoever for Northern Rock or the Government as a result of this declaration. Is that right?
Answer

My Lords, I can confirm that that is correct. This is neither advantageous nor detrimental to the interests of the Government in terms of Northern Rock exposure.


Secondary information

Type
Oral question
Reference
705 c1445 
Session
2007-08
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Northern Rock Granite
Link
View this Oral question on www.publications.parliament.uk