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Proceeding contribution from Colin Breed (Liberal Democrat) 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

Will the Chief Secretary confirm that throughout the period since Northern Rock fell into problems there have been no branch closures, that it has been receiving deposits and repayments on its mortgages, and that it has operated perfectly satisfactorily every day, including today? Can she explain why there has been such a rush to introduce the Bill when Northern Rock has been operating perfectly satisfactorily over those months?


Secondary information

Type
Proceeding contribution
Reference
472 c272 
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