Proceeding contribution from Lord Hammond of Runnymede (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
I am sorry to press the Chief Secretary on this point, but it is important. The Granite entities are consolidated on the Northern Rock balance sheet. When Members look at the totality of Northern Rock's assets and liabilities, they see Northern Rock plus Granite. Is the Chief Secretary now telling the House that the public sector will acquire ownership of Northern Rock, but not of the Granite entities?
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c277
- 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
Librarians' tools
- Timestamp
- 2023-12-15 23:06:33 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446296
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446296
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446296