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.