Is the Chief Secretary therefore telling us that the audited accounts, which will be published at the end of March, will include the consolidation of the assets and liabilities held within the series of Granite subsidiaries of Northern Rock? If that is the case, will she clarify what she was signally unable to clarify last Tuesday? Will the Government have a call on the assets in the Granite subsidiaries in the event of defaults on its liabilities?
Banking (Special Provisions) Bill
Proceeding contribution from
Philip Dunne
(Conservative)
in the House of Commons on Thursday, 21 February 2008.
It occurred during Debate on bills on Banking (Special Provisions) Bill.
Type
Proceeding contribution
Reference
472 c631
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:53:22 +0000
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