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Northern Rock

Part of Topical Questions – in the House of Commons at 3:31 pm on 19th November 2007.

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Photo of John Thurso John Thurso Liberal Democrat, Caithness, Sutherland and Easter Ross 3:31 pm, 19th November 2007

In the Chancellor's statement he said that the guarantee for depositors would not be removed without proper notice to depositors. May I invite him to be a little more specific? Surely, without a successful sale, any withdrawal of that guarantee will simply precipitate another run—a terminal run.