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Proceeding contribution from Philip Dunne (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)

I readily agree that the overall book has increased substantially, which means that all categories of loan have increased. My point is that the risk of the book has increased significantly over the year—and this is the book that the Chancellor keeps telling us is of very high quality. The least-high-quality lending has risen by nearly £2.5 billion, and that is the part that is most at risk, not least given what is happening in our present housing-market environment.


Secondary information

Type
Proceeding contribution
Reference
474 c596 
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