Global Trade Alert
Global Trade Alert

United Kingdom: Restructuring aid to Northern Rock

Announcement

17 Feb 2008

In February 2008, the British government announced a change in private-sector financial support.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

02 Apr 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 17 February 2008 the UK authorities announced that Northern Rock (NR) was to be nationalised. On 17 March 2008 the UK sent to the Commission a restructuring plan for NR and notified State aid measu...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.