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


Northern Rock

Has the Minister noted that the deal agreed with Virgin Money represents 80% of the book value of Northern Rock, whereas RBS and Lloyds are currently trading at only 40% of book value? Does not the deal represent good value for the taxpayer?


Secondary information

Type
Proceeding contribution
Reference
536 c40 
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