Written Question·Treasury·UIN 870
Northern Rock Shareholder Action Group
Tabled: 22 July 2024
Answered: 29 July 2024
Question
Sir John Hayes
Conservative — South Holland and The Deepings
To ask the Chancellor of the Exchequer, if she will meet representatives of the Northern Rock Shareholder Action Group.
Answer
Tulip SiddiqAn independent valuer determined that Northern Rock shares were of no value immediately prior to the company being taken into public ownership, and therefore no compensation was due. This independent valuation was upheld in the both the Upper Tribunal in ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 870) →