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


Northern Rock

The Financial Secretary will remember the discussions we had in the summer and spring about this potential sale and the guarantees we were seeking about the Northern Rock Foundation. He said at the time that he could not give any guarantees about the foundation as he had to get the best deal for the taxpayer. Having failed to achieve that, will he go back and see whether he can get a further deal on the foundation beyond the one year that has been guaranteed?


Secondary information

Type
Proceeding contribution
Reference
536 c35 
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