UK Parliament / Open data

Banking (Special Provisions) Bill

The Chancellor may recall that when I informed him that the Comptroller and Auditor General was instituting a review of the costs of the rescue, he assured me that fees paid to Goldman Sachs and other advisers would be covered by Northern Rock. As Northern Rock is effectively now to be nationalised, will not those fees now be paid by the taxpayer? According to The Times, the total fees could amount to £100 million.
Type
Proceeding contribution
Reference
472 c175-6 
Session
2007-08
Chamber / Committee
House of Commons chamber
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