Written Statement·Commons·Treasury·HCWS1477

Contingent liability notification and disclosure of asset sale

2 April 2019

John Glen

The Economic Secretary to the Treasury

Conservative

Statement

I can today confirm that I have laid a Treasury Minute informing the House of the contingent liability that HM Treasury has taken on in authorising the sale of a portfolio of NRAM (formerly part of Northern Rock) loans acquired during the financial crisis...