Granite is and has always been a separate legal entity. What we are taking into temporary public ownership is Northern Rock, the bank, not Granite. I clarified that on Second Reading.
Banking (Special Provisions) Bill
Proceeding contribution from
Yvette Cooper
(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 c277Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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