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Bradford and Bingley: Mortgages

Volume 487: debated on Monday 9 February 2009

To ask the Chancellor of the Exchequer what the estimated average date of redemption is of mortgages held as a result of the Bradford and Bingley acquisition. (254584)

The publicly-owned part of Bradford and Bingley is managed at arm's length from Government on commercial principles. It is a matter for the company's management to release specific business updates or provide any required disclosures in its annual report and accounts.