Taxpayers should not be left with the scraps of Northern Rock

So, the European Union  has given its approval of plans for the nationalised Northern Rock to be split in two – so paving the way for a partial sale.    What concerns me is that the tax payer will end up with the less attractive bit of the deal – with the private sector getting the prime cuts – as Liberal Democrat Shadow Chancellor, Vince Cable put it.    A sale should only go ahead when market conditions are right and the tax payer gets a good return on their investment.

About dianacomanblog

Community activist working in voluntary and community sector.

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