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Northern Rock

Treasury written question – answered on 29th November 2011.

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Photo of Chris Leslie Chris Leslie Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer

(1) what information he holds on how the board of Northern Rock voted on the decision for the sale of the bank to Virgin Money;

(2) what discussions the board of Northern Rock had on the timing of the sale of the bank to Virgin Money;

(3) what information he holds on whether the board of Northern Rock discussed the different options for the sale of the bank; and if he will place the minutes of any such discussions in the Library.

Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury

Any discussions of the board of Northern Rock plc are a matter for Northern Rock plc.

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