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


Northern Rock

My hon. Friend is absolutely right. If we measure this deal against the values at which other banks are trading at the moment, it is very clear that it is good value for money for the taxpayer. Rather than carping and criticising, Members on the Labour Benches should welcome the fact that at a difficult time for the global economy we have been able to sell Northern Rock and get such good value for money.


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