Osborne Says Labour Locked in Rock Deal ; Virgin Money Move 'Best for the North East'
The Journal › November 21, 2011
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Summary
THE last Labour Government struck a secret deal with EU finance chiefs to sell Northern Rock by 2013, Chancellor George Osborne will claim today.
Mr Osborne is expected to reveal details of the agreement as he responds to criticism over the timing and value of last week's sell off.See the full content of this document
Extract
Osborne Says Labour Locked in Rock Deal ; Virgin Money Move 'Best for the North East'
The Government agreed to sell the nationalised bank to Sir Richard Branson's Virgin Money for pounds 747m, prompting Labour to argue the deal offer...
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