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Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Monday, 31 March 2008. It occurred during Legislative debate on Banking (S.I., 2008, No. 432).


Banking (S.I., 2008, No. 432)

Does my hon. Friend agree that there is a contradiction in that rapid repayment of the Treasury money requires contracting the business, whereas fattening the business up for resale requires growing it? It is quite difficult to understand how the management can do both.


Secondary information

Type
Proceeding contribution
Reference
474 c575 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Assets Banks Annual reports Government assistance Property transfer Mortgages Loans Redundancy Nationalisation Shares Repayments North East Business plans Northern Rock Granite
Legislation
Northern Rock plc Transfer Order 2008
Link
View this Proceeding contribution on www.publications.parliament.uk