Proceeding contribution from Mark Hoban (Conservative) in the House of Commons on Thursday, 16 June 2011. It occurred during Ministerial statement on Regulatory and Banking Reform.
Regulatory and Banking Reform
The hon. Gentleman raises an important point, and I am pleased that he gave prior notice during business questions. We all recognise, particularly those of us with strong roots in the north-east, the important work that the Northern Rock Foundation has done not only in the north-east, but in Cumbria. An agreement was reached that Northern Rock would continue to contribute 1% of its profits to the foundation between now and December 2012, but I am sure that any bidder looking for support from the north-east will think very clearly about the role that the foundation will play in future.
Secondary information
- Type
- Proceeding contribution
- Reference
- 529 c965
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Consumers Banks Conduct Competition Bank of England Finance Insurance companies Financial services Insolvency International cooperation Financial Services Authority Financial markets Government shareholding Private sector Privatisation Protection Standards Sales Regulation Reform Treasury Financial Services Compensation Scheme Northern Rock plc Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority Independent Commission on Banking Southsea Mortgage and Investment Company
- Legislation
- Draft Financial Services Bill
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 16:41:05 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_749714
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_749714
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_749714