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Proceeding contribution from Jim Cousins (Labour) in the House of Commons on Wednesday, 12 December 2007. It occurred during Opposition day on Northern Rock.


Northern Rock

I have studied that document, too. Has the hon. Gentleman looked closely at the last part of it, which refers to a long-term recapitalisation of the business and a sound business plan in the medium term? Will he bear it in mind that that statement of principles was put out on behalf of not only the Government, but the Bank of England and the Financial Services Authority, which can hardly deal with the matters about which he is thinking?


Secondary information

Type
Proceeding contribution
Reference
469 c372 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Assets Banks Deposits Protection Loans Nationalisation Sales North East Government guaranteed credit Northern Rock
Link
View this Proceeding contribution on www.publications.parliament.uk