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REMUTUALISATION OF NORTHERN ROCK

EDM (Early Day Motion) 1351: tabled on 26 January 2011

Tabled in the 2010-12 session.

This motion has been signed by 113 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House notes that the three year anniversary of the nationalisation of Northern Rock falls in February 2011; recognises the need for competition and choice in the financial services sector; welcomes the Government's commitment, articulated in the May 2010 Coalition Agreement, to bring forward detailed proposals to foster diversity in financial services, promote mutuals and create a more competitive banking industry; believes that a thriving mutual sector adds to the diversity and strength of the UK's financial system; applauds the democratic structure of financial mutuals which make them accountable to their customers, as well as their strong record for customer satisfaction and links with the communities they serve; further recognises that financial mutuals' traditional business model involves less risky financial activity than other firms in the sector; is concerned by the consolidation in the UK financial services sector following the financial crash of 2008; further notes that the Government has yet to outline its position on the future of Northern Rock and that UK Financial Investments (UKFI) has issued an invitation for expressions of interest from corporate finance advisers to work with both UKFI and Northern Rock in the evaluation of the strategic options for the company; and calls on the Government to give equal and due consideration to a mutual option for the future for Northern Rock by requiring UKFI to undertake a feasibility study and seek advice into remutualising Northern Rock plc.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Abrahams, Debbie
Labour
Signed on 27 April 2011
Oldham East and Saddleworth
Alexander, Heidi
Labour
Signed on 3 May 2011
Lewisham East
Allen, Mr Graham
Labour
Signed on 23 March 2011
Nottingham North
Barron, Mr Kevin
Labour
Signed on 22 March 2011
Rother Valley
Bayley, Hugh
Labour
Signed on 26 April 2011
York Central
Begg, Dame Anne
Labour
Signed on 23 March 2011
Aberdeen South
Beith, Sir Alan
Liberal Democrat
Signed on 26 January 2011
Berwick-upon-Tweed
Blackman-Woods, Roberta
Labour
Signed on 26 April 2011
City of Durham
Blears, Hazel
Labour
Signed on 26 April 2011
Salford and Eccles
Blenkinsop, Tom
Labour
Signed on 31 January 2011
Middlesbrough South and East Cleveland
Blomfield, Paul
Labour
Signed on 24 March 2011
Sheffield Central
Bottomley, Sir Peter
Conservative
Signed on 26 January 2011
Worthing West
Brake, Tom
Liberal Democrat
Signed on 30 March 2011
Carshalton and Wallington
Burden, Richard
Labour
Signed on 16 June 2011
Birmingham, Northfield
Campbell, Mr Gregory
Democratic Unionist Party
Signed on 2 February 2011
East Londonderry
Campbell, Mr Ronnie
Labour
Signed on 8 February 2011
Blyth Valley
Caton, Martin
Labour
Signed on 1 February 2011
Gower
Chapman, Mrs Jenny
Labour
Signed on 20 June 2011
Darlington
Clwyd, Ann
Labour
Signed on 16 May 2011
Cynon Valley
Cooper, Rosie
Labour
Signed on 17 February 2011
West Lancashire
Corbyn, Jeremy
Labour
Signed on 27 January 2011
Islington North
Crausby, Mr David
Labour
Signed on 10 February 2011
Bolton North East
Creasy, Dr Stella
Labour
Signed on 16 February 2011
Walthamstow
Crockart, Mike
Liberal Democrat
Signed on 26 January 2011
Edinburgh West
Cryer, John
Labour
Signed on 27 April 2011
Leyton and Wanstead
Cunningham, Alex
Labour
Signed on 21 March 2011
Stockton North
Cunningham, Mr Jim
Labour
Signed on 7 February 2011
Coventry South
Danczuk, Simon
Labour
Signed on 26 April 2011
Rochdale
Davidson, Mr Ian
Labour
Signed on 26 January 2011
Glasgow South West
Dobbin, Jim
Labour
Signed on 31 January 2011
Heywood and Middleton
Dobson, Frank
Labour
Signed on 24 March 2011
Holborn and St Pancras
Durkan, Mark
Social Democratic & Labour Party
Signed on 31 January 2011
Foyle
Edwards, Jonathan
Plaid Cymru
Signed on 27 January 2011
Carmarthen East and Dinefwr
Ellman, Mrs Louise
Labour
Signed on 31 January 2011
Liverpool, Riverside
Esterson, Bill
Labour
Signed on 22 March 2011
Sefton Central
Farrelly, Paul
Labour
Signed on 27 April 2011
Newcastle-under-Lyme
Farron, Tim
Liberal Democrat
Signed on 24 March 2011
Westmorland and Lonsdale
Field, Mr Frank
Labour
Signed on 22 March 2011
Birkenhead
Flynn, Paul
Labour
Signed on 31 January 2011
Newport West
Foster, Mr Don
Liberal Democrat
Signed on 28 March 2011
Bath
Fovargue, Yvonne
Labour
Signed on 27 April 2011
Makerfield
Gapes, Mike
Labour
Signed on 26 January 2011
Ilford South
George, Andrew
Liberal Democrat
Signed on 31 March 2011
St Ives
Gilmore, Sheila
Labour
Signed on 31 March 2011
Edinburgh East
Glindon, Mrs Mary
Labour
Signed on 24 May 2011
North Tyneside
Godsiff, Mr Roger
Labour
Signed on 7 March 2011
Birmingham, Hall Green
Goggins, Paul
Labour
Signed on 30 March 2011
Wythenshawe and Sale East
Green, Kate
Labour
Signed on 26 April 2011
Stretford and Urmston
Hamilton, Fabian
Labour
Signed on 28 March 2011
Leeds North East
Hancock, Mr Mike
Liberal Democrat
Signed on 31 January 2011
Portsmouth South
Harris, Mr Tom
Labour
Signed on 26 April 2011
Glasgow South
Hemming, John
Liberal Democrat
Signed on 3 February 2011
Birmingham, Yardley
Hepburn, Mr Stephen
Labour
Signed on 2 February 2011
Jarrow
Hodgson, Mrs Sharon
Labour
Signed on 27 April 2011
Washington and Sunderland West
Hoey, Kate
Labour
Signed on 27 January 2011
Vauxhall
Horwood, Martin
Liberal Democrat
Signed on 28 April 2011
Cheltenham
Howarth, Mr George
Labour
Signed on 7 February 2011
Knowsley
Hunt, Tristram
Labour
Signed on 27 April 2011
Stoke-on-Trent Central
Huppert, Dr Julian
Liberal Democrat
Signed on 16 June 2011
Cambridge
Jackson, Glenda
Labour
Signed on 24 March 2011
Hampstead and Kilburn
Jamieson, Cathy
Labour
Signed on 26 January 2011
Kilmarnock and Loudoun
Dan Jarvis,
Signed on 11 May 2011
Joyce, Eric
Labour
Signed on 5 April 2011
Falkirk
Kaufman, Sir Gerald
Labour
Signed on 26 April 2011
Manchester, Gorton
Lammy, Mr David
Labour
Signed on 27 April 2011
Tottenham
Lavery, Ian
Labour
Signed on 2 February 2011
Wansbeck
Leech, Mr John
Liberal Democrat
Signed on 31 January 2011
Manchester, Withington
Lloyd, Tony
Labour
Signed on 31 January 2011
Manchester Central
Love, Mr Andrew
Labour
Signed on 26 January 2011
Edmonton
Mann, John
Labour
Signed on 4 April 2011
Bassetlaw
McCabe, Steve
Labour
Signed on 23 March 2011
Birmingham, Selly Oak
McDonnell, John
Labour
Signed on 27 January 2011
Hayes and Harlington
McGuire, Mrs Anne
Labour
Signed on 24 March 2011
Stirling
Meacher, Mr Michael
Labour
Signed on 27 April 2011
Oldham West and Royton
Meale, Mr Alan
Labour
Signed on 31 January 2011
Mansfield
Mearns, Ian
Labour
Signed on 21 March 2011
Gateshead
Michael, Alun
Labour
Signed on 31 January 2011
Cardiff South and Penarth
Morrice, Graeme
Labour
Signed on 11 May 2011
Livingston
Morris, Grahame M.
Labour
Signed on 26 April 2011
Easington
Mulholland, Greg
Liberal Democrat
Signed on 23 June 2011
Leeds North West
Murray, Ian
Labour
Signed on 28 March 2011
Edinburgh South
Nandy, Lisa
Labour
Signed on 23 March 2011
Wigan
Reeves, Rachel
Labour
Signed on 26 January 2011
Leeds West
Reynolds, Emma
Labour
Signed on 26 January 2011
Wolverhampton North East
Riordan, Mrs Linda
Labour
Signed on 10 February 2011
Halifax
Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 2 February 2011
South Down
Robinson, Mr Geoffrey
Labour
Signed on 18 May 2011
Coventry North West
Rogerson, Dan
Liberal Democrat
Signed on 16 February 2011
North Cornwall
Rotheram, Steve
Labour
Signed on 3 February 2011
Liverpool, Walton
Ruane, Chris
Labour
Signed on 5 April 2011
Vale of Clwyd
Ruddock, Joan
Labour
Signed on 24 March 2011
Lewisham, Deptford
Russell, Bob
Liberal Democrat
Signed on 28 March 2011
Colchester
Sanders, Mr Adrian
Liberal Democrat
Signed on 27 January 2011
Torbay
Sharma, Mr Virendra
Labour
Signed on 3 May 2011
Ealing, Southall
Sheridan, Jim
Labour
Signed on 8 February 2011
Paisley and Renfrewshire North
Shuker, Gavin
Labour
Signed on 27 April 2011
Luton South
Skinner, Mr Dennis
Labour
Signed on 27 January 2011
Bolsover
Stringer, Graham
Labour
Signed on 21 March 2011
Blackley and Broughton
Swales, Ian
Liberal Democrat
Signed on 26 January 2011
Redcar
Thurso, John
Liberal Democrat
Signed on 26 January 2011
Caithness, Sutherland and Easter Ross
White, Chris
Conservative
Signed on 26 April 2011
Warwick and Leamington
Williams, Mr Mark
Liberal Democrat
Signed on 23 March 2011
Ceredigion
Wood, Mike
Labour
Signed on 3 May 2011
Batley and Spen
Wright, Simon
Liberal Democrat
Signed on 22 March 2011
Norwich South

These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.