Proceeding contribution from Lord Tyrie (Conservative) in the House of Commons on Monday, 21 November 2011. It occurred during Ministerial statement on Northern Rock.

Northern Rock

In the Treasury Committee's recent report on competition in retail banking, we argued strongly that competition, and not just short-term revenue maximisation, should play a major part in the sales of the nationalised banks. Have consumer interests influenced the Treasury's decision to sell Northern Rock now, and does the Minister agree that increasing competition should be central to future divestments?

Secondary information

Type: Proceeding contribution
Reference: 536 c30
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Government shareholding Sales Northern Rock plc Virgin Money
Link: View this Proceeding contribution on www.publications.parliament.uk

Northern Rock

Secondary information

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