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Proceeding contribution from Philip Dunne (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

I am grateful to my hon. Friend for allowing me to offer him a suggestion. The decision not to advance a lender of last resort facility to the one credible private sector bidder that made overtures about acquiring the bank in August and up to the first week of September could be described as a political decision by the Chancellor.


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