» Thursday, February 21, 2008
Northern Rock
Asked if we were saying anything about plans for amendments put through the House of Lords, and would the Government be seeking to reverse them, the PMS replied that in terms of the specifics, she would check with the Treasury. However it was right that we allowed the parliamentary process to take place; we had set out that we hoped to achieve Royal Assent as soon as possible so that we could move forward and the Northern Rock board could be put in place and become operational.
Asked why it mattered about receiving Royal Assent tonight as opposed to tomorrow or Monday, the PMS replied that we wanted the process by which the Northern Rock board could be appointed and their business taken forward, to happen as quickly as possible.
Put that this suggested the Government would accept the amendments to get it through quickly, the PMS replied that she would not read that into what she had said.
Briefing took place at 16:45 | Search for related news
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