PARLIAMENTARY WRITTEN QUESTION
Granite (3 December 2015)
Question Asked
To ask Mr Chancellor of the Exchequer, when the book value of the UK Asset Resolution's Granite portfolio was last calculated prior to the sale of Cerberus on 13 November 2015.
Asked by:
Richard Burgon (Independent)
Asked by:
Richard Burgon (Independent)
Answer
In line with UK Asset Resolution (UKAR)'s reporting cycle, the book value of the Granite portfolio was last calculated at 30 September 2015 as part of the Interim Financial Results process.
Answered by:
Dame Harriett Baldwin (Conservative)
8 December 2015
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