UK Parliament / Open data

Financial Markets

Proceeding contribution from Rob Marris (Labour) in the House of Commons on Monday, 13 October 2008. It occurred during Ministerial statement on Financial Markets.
Well, it is Baroness Margaret Thatcher's birthday today and Labour is nationalising banks—oh happy days! My understanding is that, this morning, the Royal Bank of Scotland was worth considerably less than £20 billion. Can my right hon. Friend explain why the Government are paying £20 billion for 63 per cent. of something that was worth a lot less than £20 billion?
Type
Proceeding contribution
Reference
480 c556 
Session
2007-08
Chamber / Committee
House of Commons chamber
Back to top