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Proceeding contribution from Lord Hunt of Wirral (Conservative) in the House of Lords on Monday, 18 February 2008. It occurred during Ministerial statement on Northern Rock.


Northern Rock

My Lords, is the Minister aware that he is embarking on a tortuous and difficult road as he seeks to steer this legislation between the rules affecting hybridity in this noble House and the rules affecting state aid in the European Union? After all these months of dithering and delay, do he and his colleagues have any plan at all for the future of Northern Rock beyond the immediate rescue announcement? The Government have told the European Union that a detailed business plan will be in the hands of the European Union in a few weeks. Has it even been drafted? If it has, when will we see it?


Secondary information

Type
Proceeding contribution
Reference
699 c36 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Compensation Banks Private sector Public appointments Nationalisation Sales Shareholders Northern Rock Northern Rock Foundation
Link
View this Proceeding contribution on www.publications.parliament.uk