Skip to main content

Northern Rock

Volume 485: debated on Monday 15 December 2008

To ask the Chancellor of the Exchequer if he will allow Northern Rock shareholders to retain their shares when the bank is returned to the private sector. (242865)

The shares of Northern Rock were transferred to the Government when it was taken into public ownership. An independent valuer has been appointed to assess any compensation that may be payable to those affected by the transfer of Northern Rock to the Treasury on 22 February 2008.

More information is available on the Treasury website at:

http://www.hm-treasury.gov.uk/press_91_08.htm

and on the valuer's website at:

http://www.northernrockvaluer.org.uk