Financial Secretary to the Treasury, Mark Hoban made a statement to the House of Commons on Monday 21 November on the sale of Northern Rock plc to Virgin Money.
Shadow Minister for the Treasury, Chris Leslie, responded to the statement on behalf of the Opposition.
Watch and read the statement and the views expressed by MPs on Parliament TV and in Commons Hansard. Also find current parliamentary material on Economy and Finance in the Topics and News sections.
Oral statements are made after Question Time (or at 11am on a Friday). Statements normally relate to matters of policy or government actions. At the end of a statement, MPs can respond or question the government minister on its contents.
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