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Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Wednesday, 20 February 2008. It occurred during Debate on bill on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

My Lords, I cannot answer that question directly, but I have given the noble Lord a clear indication that the Government are dealing with Northern Rock; they are not dealing with Granite, which is entirely separate from Northern Rock and has no claim at all on the assets of Northern Rock. I cannot go further than that and I intend if I may, with the leave of the House—


Secondary information

Type
Proceeding contribution
Reference
699 c193 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Compensation Accountability Administration Assets Banks Competition Building societies Bank of England Freedom of information Liability Government assistance Financial Services Authority Public bodies Mortgages Loans Staff Nationalisation Lloyds TSB Shares Shareholders Takeovers Northern Rock Granite Sunset clauses
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk