Proceeding contribution from Doug Henderson (Labour) in the House of Commons on Wednesday, 12 December 2007. It occurred during Opposition day on Northern Rock.
Northern Rock
I understand theoretically some of the points that the hon. Gentleman is making, and I have read the motion. Is he aware that Northern Rock employees do not want nationalisation? If it is difficult now to sell the business as a going concern, they wonder how much more difficult it will be to do so in future. The small shareholders, some of whom I see in the Gallery, oppose nationalisation because they would lose any value that they have.
Secondary information
- Type
- Proceeding contribution
- Reference
- 469 c374
- 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
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- 2023-12-16 00:39:27 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_429528
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