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Northern Rock in National Accounts

Subject: Northern Rock in National Accounts

Date: 30 September 2008

Text for request:

Exchanges between the Treasury and the Office for National Statistics from 1 September 2007 to 24 January 2008 regarding Northern Rock

Text for disclosure:

Following the Chancellor's statement to Parliament on 19 November 2007, ONS posed a number of questions to the Treasury in order to assess the proper treatment of Northern Rock in National Accounts; the Treasury produced a note on 7 December 2007 - some of which is withheld under FOIA sections 42 (legal professional privilege) and 43 (commercial interests); ONS responded on 16 January 2008, notifying the National Accounts Classification Committee (NACC) decision.

Disclosure of Treasury/ONS exchanges on Northern Rock (PDF 1.52MB)

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