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Proceeding contribution from George Osborne (Conservative) in the House of Commons on Tuesday, 19 February 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

My hon. Friend is right. A whole range of different sums could be agreed on by the independent valuer, and I am sure that my hon. Friend's Committee will want to take a close look at this matter given its concern for the use of public money. The key point is that we do not know how much we are buying the bank for and how much we are being asked to shell out at the end of this debate.


Secondary information

Type
Proceeding contribution
Reference
472 c182 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Compensation Accountability Audit Banks Competition Building societies Bank of England Liability EU law Government assistance Financial Services Authority Economic situation Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Regulation Stocks and shares Shareholders Takeovers Treasury Virgin Group Business plans Northern Rock Granite Sunset clauses
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk