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	<title>Comments on: Northern Rock - those in the queue were right</title>
	<atom:link href="http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/</link>
	<description>Richard Murphy on tax and corporate accountability</description>
	<pubDate>Thu, 08 Jan 2009 00:05:05 +0000</pubDate>
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		<title>By: Tax Research UK / Northern Rock: Why Granite must be nationalised</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-385787</link>
		<dc:creator>Tax Research UK / Northern Rock: Why Granite must be nationalised</dc:creator>
		<pubDate>Wed, 20 Feb 2008 10:59:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-385787</guid>
		<description>[...] http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/ [...]</description>
		<content:encoded><![CDATA[<p>[...] <a href="http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/" rel="nofollow">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/</a> [...]</p>
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		<title>By: Tax Research LLP</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-283189</link>
		<dc:creator>Tax Research LLP</dc:creator>
		<pubDate>Thu, 22 Nov 2007 10:05:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-283189</guid>
		<description>Tina

I think your interpretation not quite right

The Bank of England is supporting Northern Rock

The money has been loaned, not spent, although there is risk it may not be repaid in full

BUT, you are right to suggest that if money can be found so easily for this why not for hospitals and schools, where the government did not provide loans but did instead resort to the absurd PFI scheme

Richard</description>
		<content:encoded><![CDATA[<p>Tina</p>
<p>I think your interpretation not quite right</p>
<p>The Bank of England is supporting Northern Rock</p>
<p>The money has been loaned, not spent, although there is risk it may not be repaid in full</p>
<p>BUT, you are right to suggest that if money can be found so easily for this why not for hospitals and schools, where the government did not provide loans but did instead resort to the absurd PFI scheme</p>
<p>Richard</p>
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		<title>By: Tina Pearce</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-283159</link>
		<dc:creator>Tina Pearce</dc:creator>
		<pubDate>Thu, 22 Nov 2007 09:44:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-283159</guid>
		<description>Dear Sir

I found your information very inetresting on Northern Rock.
Having watchd the news and researched a little on the internet it seems that 'we' 'the nation' are now going to suffer.
The debt from Northern Rock some 40 million is going to be paid off with tax payers money.
With the hospitals in dyer straights and our schools in need of urgent money , I believe this is truley wrong.
Do you have any further information on this?
Thanks
Tina</description>
		<content:encoded><![CDATA[<p>Dear Sir</p>
<p>I found your information very inetresting on Northern Rock.<br />
Having watchd the news and researched a little on the internet it seems that &#8216;we&#8217; &#8216;the nation&#8217; are now going to suffer.<br />
The debt from Northern Rock some 40 million is going to be paid off with tax payers money.<br />
With the hospitals in dyer straights and our schools in need of urgent money , I believe this is truley wrong.<br />
Do you have any further information on this?<br />
Thanks<br />
Tina</p>
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		<title>By: Tax Research UK / HBOS - where are the Chinese Walls in its Treasury?</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-190209</link>
		<dc:creator>Tax Research UK / HBOS - where are the Chinese Walls in its Treasury?</dc:creator>
		<pubDate>Wed, 26 Sep 2007 08:06:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-190209</guid>
		<description>[...] I bet the owners of the last one are rubbing their hands with glee right now. I&#8217;d have loved to have been &#8220;cross sold&#8221; that. And remember, it&#8217;s this sort of debt that pulled down Northern Rock. [...]</description>
		<content:encoded><![CDATA[<p>[...] I bet the owners of the last one are rubbing their hands with glee right now. I&#8217;d have loved to have been &#8220;cross sold&#8221; that. And remember, it&#8217;s this sort of debt that pulled down Northern Rock. [...]</p>
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		<title>By: Charlie Marks</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-186602</link>
		<dc:creator>Charlie Marks</dc:creator>
		<pubDate>Mon, 24 Sep 2007 00:51:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-186602</guid>
		<description>This story picked up by John McDonnell, MP for Hayes and Harlington, who is calling for a windfall tax on speculators benefiting from the Northern Rock crisis:

http://www.johnmcdonnell.org.uk/2007/09/windfall-
tax-speculators-profiteering.html</description>
		<content:encoded><![CDATA[<p>This story picked up by John McDonnell, MP for Hayes and Harlington, who is calling for a windfall tax on speculators benefiting from the Northern Rock crisis:</p>
<p><a href="http://www.johnmcdonnell.org.uk/2007/09/windfall-" rel="nofollow">http://www.johnmcdonnell.org.uk/2007/09/windfall-</a><br />
tax-speculators-profiteering.html</p>
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		<title>By: Richard Murphy cracks Northern Rock &#171; Rebellion Sucks!</title>
		<link>http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-183255</link>
		<dc:creator>Richard Murphy cracks Northern Rock &#171; Rebellion Sucks!</dc:creator>
		<pubDate>Fri, 21 Sep 2007 14:03:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.taxresearch.org.uk/Blog/2007/09/21/northern-rock-those-in-the-queue-were-right/#comment-183255</guid>
		<description>[...] Richard Murphy, whose Tax Research UK blog is hugely informative and brilliantly written, has uncovered the truth about Northern Rock&#8217;s liabilities: I have spent some time talking to people about the ’shadow’ structure that Northern Rock created and which I wrote about earlier this week. My question was simple, and I needed to be sure of the answer. I’m confident that I am now. [...]</description>
		<content:encoded><![CDATA[<p>[...] Richard Murphy, whose Tax Research UK blog is hugely informative and brilliantly written, has uncovered the truth about Northern Rock&#8217;s liabilities: I have spent some time talking to people about the ’shadow’ structure that Northern Rock created and which I wrote about earlier this week. My question was simple, and I needed to be sure of the answer. I’m confident that I am now. [...]</p>
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