Proceeding contribution from Jim Cousins (Labour) 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
At least the hon. Gentleman has clearly stated what was implicit, although not so clear, in the comments made by those on his Front Bench—that they were, in fact, advocating bankruptcy. That would destroy the assets and the ultimate value in the business. Let us be clear: that is not a good course of action for the people of Newcastle or for the markets.
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c197
- 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
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- 2023-12-15 22:56:14 +0000
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