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

I say again that Northern Rock has set out its business plan; it has set out the series of actions it will take. Opposition Members have to recognise that to protect taxpayers we have ensured that their interests are safeguarded by a responsible approach to temporary public ownership, which they have rejected time and again. They seriously seem to think that getting the Bank of England or another organisation to sell off the assets would somehow result in a better deal for the taxpayer. However, the consequence would be to put the taxpayer at risk.