Northern Rock Foundation

EDM number 356 in 2015-16, proposed by David Anderson on 20/07/2015.
Categorised under the topics of Charities, Financial institutions, Financial services and Voluntary organisations.

That this House notes the proposal made in the Newcastle Journal by Northern Rock Foundation Chair, Alastair Balls, that the Chancellor of the Exchequer should allocate a reasonable and fair proportion of profits made by the Treasury from Northern Rock's former holdings to the work of the Northern Rock Foundation; further notes that the work of the Foundation has made a real difference to communities and individuals over many years through helping tackle issues such as domestic abuse, investing in the arts and supporting schemes to help disadvantaged people; and agrees with Vera Baird, the Police and Crime Commissioner for Northumbria, that the Chancellor has a unique opportunity to ensure the long-term future of the Foundation.

This motion has been signed by a total of 14 MPs.