The National Audit Office has agreed to conduct an independent report into the value for money of Chancellor George Osborne’s sale of Northern Rock Plc.
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LabourParty on 19th Dec 2011 (via labour.org.uk)
The National Audit Office confirms it will investigate the sale of Northern Rock to Virgin Money.
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BBCPolitics on 17th Dec 2011 (via bbc.co.uk)
Tim Harford on a policy where, if things turn sour you can repossess the home, sell it at a loss and the taxpayer will see you right
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FT on 25th Nov 2011 (via ft.com)
The government has rejected Labour's claims that it sold Northern Rock "prematurely" and "at the wrong price", with Financial Secretary Mark Hoban telling MPs the sale was a good deal for taxpayers.
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BBCPolitics on 21st Nov 2011 (via news.bbc.co.uk)
Labour says Northern Rock was sold at a "fire sale" price, but the government says it was the "best possible deal" for taxpayers.
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BBCPolitics on 21st Nov 2011 (via bbc.co.uk)
I’ve written about Northern Rock quite a few times since they were brought down by Saint Robert of Peston in 2007 and looking back at what I wrote and what others said is quite interesting. When Saint Robert of Peston whipped up a frenzy of consumer panic with his misleading reports on Northern Rock’s request
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WonkosWorld on 20th Nov 2011 (via wonkosworld.co.uk)
Chancellor George Osborne is to say for the first time that it had to sell Northern Rock by 2013 under a deal signed by the former Labour government.
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BBCPolitics on 20th Nov 2011 (via bbc.co.uk)
Sir Richard Branson says the purchase of Northern Rock is part of his way to shake up the banking industry .
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Telegraph on 19th Nov 2011 (via telegraph.feedsportal.com)