Northern Rock

Part of Oral Answers to Questions — Education – in the House of Commons at 3:34 pm on 21 November 2011.

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Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury 3:34, 21 November 2011

My right hon. Friend makes an important point. As someone who was born and brought up in the north-east, I understand how important Northern Rock is to the fabric of the region, and how important it is as an employer and as a sign of prosperity. That is why I was keen to ensure that we got a good deal, not only for the taxpayer but for Northern Rock and the north-east. I am disappointed that so few voices from the Labour Benches have spoken up in support of what is a good deal for Northern Rock and its employees.