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Proceeding contribution from Lord Beith (Liberal Democrat) in the House of Commons on Monday, 18 February 2008. It occurred during Ministerial statement on Northern Rock.


Northern Rock

I encourage the Chancellor to resist the calls from Conservative Members to run off the bank completely, and instead to keep it going as a business. I welcome his comments about the Northern Rock Foundation continuing to secure income. After all, if the north-east had been offered even a share of £50 billion in Government loans and guarantees, we could have used it to benefit the region. At least the foundation can give us some benefit.


Secondary information

Type
Proceeding contribution
Reference
472 c28 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Compensation Banks Public appointments Public sector Nationalisation Sales Shareholders Northern Rock Northern Rock Foundation
Link
View this Proceeding contribution on www.publications.parliament.uk