United Kingdom · Question · Written question
UIN 869
Northern Rock: Nationalisation
Introduced
22 July 2024
Last action
29 July 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
29 July 2024
Summary
To ask the Chancellor of the Exchequer, if she will take steps to help compensate small shareholders impacted by the nationalisation of Northern Rock PLC.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
22 July 2024
Written question
To ask the Chancellor of the Exchequer, if she will take steps to help compensate small shareholders impacted by the nationalisation of Northern Rock PLC.
Source: Commons
29 July 2024
Answer
An 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 ...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Treasury · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-07-22/869
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1722455
- uk · wq-1722455 · source updated 29 July 2024