So, having Nationalised Northern Rock and then agreed, with the EU, a timetable for its de-nationalisation, te Labour Party now say that the deal with Virgin Money should not be implemented because the National Audit Office (NAO) are conducting a study!
Labour agreed the deal with the EU. Labour nationalised Northern Rock and pumped in taxpayers money.
The current government, as with so much of their activities, is now cleaning out the mess left by Labour and is seeking the best value for money that they can get, for the UK Taxpayer. The process to sell Northern Rock was (very) long-winded and one presumes that all interested parties put in their offers and these were weighed and measured.
The UK Government should proceed with the sale unless by January 1, 2012, Labour or the NAO can produce concrete proof - a large cheque payable to UK Gov will suffice - that there is a more lucrative alternative.
The UK Government has gone for the bird in the hand rather than some pie in the sky two in the bush!
Labour agreed the deal with the EU. Labour nationalised Northern Rock and pumped in taxpayers money.
The current government, as with so much of their activities, is now cleaning out the mess left by Labour and is seeking the best value for money that they can get, for the UK Taxpayer. The process to sell Northern Rock was (very) long-winded and one presumes that all interested parties put in their offers and these were weighed and measured.
The UK Government should proceed with the sale unless by January 1, 2012, Labour or the NAO can produce concrete proof - a large cheque payable to UK Gov will suffice - that there is a more lucrative alternative.
The UK Government has gone for the bird in the hand rather than some pie in the sky two in the bush!
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