I do not think that I have had any discussions with Mr. Thompson. In relation to the Northern Rock board and the Virgin consortium, they had discussions with Treasury officials and others about their proposals. As I said in my statement yesterday, both their proposals were considered and both were judged against the option of a temporary period of public ownership. As I said yesterday, the best value for money is the course of action that I am putting forward today.
Banking (Special Provisions) Bill
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
About this proceeding contribution
Reference
472 c180 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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