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Proceeding contribution from Mark Field (Conservative) in the House of Commons on Monday, 10 March 2008. It occurred during Estimates day on Northern Rock and Banking Reform.


Northern Rock and Banking Reform

There is some fairness in that, and I discussed systemic risk earlier. The agenda of a 24/7 media makes things difficult. The media got hold of the problem with floods not when they occurred in Hull and Sheffield but when they affected holiday homes in the Cotswolds. Suddenly, floods were a massive national issue in a way they might not have been previously. That reflects the media timetable.


Secondary information

Type
Proceeding contribution
Reference
473 c47 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Banks Financial institutions Nationalisation Regulation Northern Rock
Link
View this Proceeding contribution on www.publications.parliament.uk