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


Northern Rock

We do have to submit a restructuring plan by March; that has been the case since last year. The hon. Gentleman touches on another important point by emphasising the problems that are faced. There have been similar difficulties in Europe—in Germany, the German Government and other authorities have had to take action to support their banks—because of issues that all stem from the same source: the problems that started in America last year and have spread throughout the world.


Secondary information

Type
Proceeding contribution
Reference
472 c36 
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