Proceeding contribution from Lord Bach (Labour) in the House of Lords on Thursday, 21 February 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking (Special Provisions) Bill.
Banking (Special Provisions) Bill
I am not in a position completely to answer the questions asked by my noble friend Lord Christopher, except to point out that the objective of National Savings, which of course is run extremely prudently, is rather different from that of Northern Rock. The objective of National Savings is to raise government funding, which will certainly not be the purpose of Northern Rock.
Secondary information
- Type
- Proceeding contribution
- Reference
- 699 c331
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Audit Administration Corporation tax Banks Competition Building societies Freedom of information Liability EU law Government assistance Financial Services Authority Powers Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Lloyds TSB Shares Reform Taxation Shareholders Takeovers Treasury Hybrid bills Business plans Northern Rock Granite
- Legislation
- Banking (Special Provisions) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:47:10 +0000
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