Proceeding contribution from Lord Beamish (Labour) in the House of Commons on Monday, 18 February 2008. It occurred during Ministerial statement on Northern Rock.
Northern Rock
Having many constituents who work for Northern Rock, I warmly welcome my right hon. Friend's announcement. May I also add my welcome to that of the right hon. Member for Berwick-upon-Tweed (Mr. Beith) for the underwriting of the commitment to the foundation? Does my right hon. Friend agree, however, that the worst possible outcome for the work force, the shareholders, the Northern Rock Foundation and, more importantly, the north-east economy would be the nonsense proposed by the Conservatives of putting the bank into administration and having an asset sale?
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c33
- 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
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- 2023-12-16 01:27:57 +0000
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