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United Kingdom · Question · Written question

UIN 24357

Northern Rock Asset Management

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

3 March 2020

Last action

9 March 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

9 March 2020

Summary

To ask the Chancellor of the Exchequer, what dividends the Government has received from Northern Rock Asset Management in each of the last five years; and what recent estimate he has made of the market value of the assets of Northern Rock Asset Management

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Timeline

  1. 3 March 2020

    Written question

    To ask the Chancellor of the Exchequer, what dividends the Government has received from Northern Rock Asset Management in each of the last five years; and what recent estimate he has made of the market value of the assets of Northern Rock Asset Management

    Source: Commons

  2. 9 March 2020

    Answer

    NRAM Ltd is a subsidiary of UK Asset Resolution (UKAR) and does not pay dividends directly to HM Treasury. NRAM Ltd’s assets are not market-traded. However, its most recent Annual Report and Accounts state that as of 31 March 2019, NRAM Ltd had total capi...

    Source: Written answer

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