Skip to main content

Written question asked by Richard Burgon (Labour) on Thursday, 3 December 2015, in the House of Commons. It was due for an answer on Tuesday, 8 December 2015 (named day). It was answered by Harriett Baldwin (Conservative) on Tuesday, 8 December 2015 on behalf of the Treasury.


Granite

Question

To ask Mr Chancellor of the Exchequer, when the book value of the UK Asset Resolution's Granite portfolio was last calculated prior to the sale of Cerberus on 13 November 2015.

Answer

In line with UK Asset Resolution (UKAR)'s reporting cycle, the book value of the Granite portfolio was last calculated at 30 September 2015 as part of the Interim Financial Results process.



Secondary information

Type
Written question
Reference
18761
Session
2015-16
Subjects
Mortgages Sales Granite UK Asset Resolution Cerberus Capital Management
Link
View this Written question on www.parliament.uk