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Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Thursday, 21 February 2008. It occurred during Debate on bill on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

My Lords, I am grateful for that brief intervention from the noble Lord, Lord Bilimoria. The Cross Benches have made an important contribution to our debates over the past 13 hours, particularly the noble Lord. I therefore re-emphasise his recognition of the importance of getting Northern Rock properly established to engage confidence in its operations and to return it—as we intend to do, despite the contentions on the other side of the House about the extent to which we are bent upon nationalisation—to the private sector as soon as we are able. I am grateful for the noble Lord’s contribution, which enables me to thank the Cross Benches and the other two parts of the House for the way in which the Government have been pressed and tested with regard to the Bill. But now it is time that we agreed with the Commons in its judgments on our work. On Question, Motion agreed to.


Secondary information

Type
Proceeding contribution
Reference
699 c380 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Audit Administration Banks Competition Building societies Bank of England Freedom of information EU law Government assistance Office of Fair Trading Nationalisation Treasury Northern Rock
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk