Skip to main content

Written question asked by Dai Davies (Independent (affiliation)) on Thursday, 16 July 2009, in the House of Commons. It was due for an answer on Monday, 20 July 2009. It was answered by Sarah McCarthy-Fry (Labour) on Wednesday, 16 September 2009 on behalf of the Treasury.


Contracts: Goldman Sachs

Question
To ask the Chancellor of the Exchequer how many contracts the Government holds with Goldman Sachs Bank; and what the monetary value of such contracts is in 2009-10.
Answer

Goldman Sachs were engaged in autumn 2007 to work for HMT on issues surrounding Northern Rock. To date, Goldman Sachs have been paid £3.8 million in respect of this contract. There are no other contracts in place with Goldman Sachs.Under the agreement with Northern Rock, certain fees are recoverable and this sum does not therefore represent a net cost to the Treasury.


Secondary information

Type
Written question
Reference
496 c2283W; 288567
Session
2008-09
Subjects
Government departments Goldman Sachs
Link
View this Written question on www.publications.parliament.uk