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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Apr 2009

Revocation date:

30 Dec 2013

Updated: 17 Feb 2008
Equity stake
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...
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