Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make publish unredacted (a) marketing documents and (b) information memoranda provided by (i) HM Treasury, (ii) UK Asset Resolution and (iii) NRAM Ltd to potential bidders for portfolios of former Northern Rock mortgages.
The details of these transactions are commercially sensitive and are, or have been, subject to non-disclosure agreements. Publishing these documents would damage the government’s reputation as a seller of assets, which would impair our ability to undertake future asset sales.