Ken Clarke: Government right (and Osborne wrong) on Northern Rock

Ken Clarke contradicted George Osborne today. On BBC's Election Debate he said that the Labour government had been right to nationalise Northern Rock.

Ken Clarke appeared to contradict his party’s shadow chancellor today when he outlined that the Labour government had been right to nationalise Northern Rock.

Ken Clarke made his admission on BBC Daily Politics’ Election Debate on business issues:

NEIL: Were they right to nationalise [Northern Rock]?

CLARKE: I think they were right to nationalise it.

NEIL: That’s not what your party said.

PESTON: So you’ve changed your position?

CLARKE: Well I wasn’t on the front bench at the time.

Watch it:

In February 2008 during passage of the Banking (Special Provision) Bill, which gave the Government the powers to take Northern Rock into public ownership, George Osborne said, “I am not in favour of nationalisation, full stop” and voted against the second and third reading of the bill. He told the Today programme that the plan was “completely unacceptable.”

19 Responses to “Ken Clarke: Government right (and Osborne wrong) on Northern Rock”

  1. SSP Campsie

    RT @leftfootfwd Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://short.to/27h71

  2. Sam Knight

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  3. Raging Reg

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  4. Jeevan Rai

    RT @bencooper86: RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  5. Raging Reg

    how do we trust the Tories on the economy when they are at odds with each other? http://bit.ly/9G8E8o #iagreewithnick #libdemwin

  6. Jon Thomson

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  7. Jose Aguiar

    Ken Clarke: Government right (and Osborne wrong) on Northern Rock http://tinyurl.com/3azwsmf

  8. Malcolm Evison

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  9. Leepy Lee

    RT @bencooper86: RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  10. Marcel Thomson

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  11. House Of Twits

    RT @leftfootfwd Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  12. Ben Cooper

    RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  13. uberVU - social comments

    Social comments and analytics for this post…

    This post was mentioned on Twitter by leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  14. Mr. Sensible

    I noticed that too, Will.

    “I wasn’t on the front bench then.”

    And? You’re on it now, Ken.

    Oh dear…

  15. Mr. Sensible

    I actually think Ken Clark could become a bit of a thorn in Cameron’s side.

    Like he was to Major.

  16. Donovan Clarkson

    RT @bencooper86: RT @leftfootfwd: Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  17. Louise John

    RT @leftfootfwd: Ken Clarke says Government was right and (Gideon) Osborne wrong on Northern Rock nationalisation http://bit.ly/9G8E8o

  18. VReade

    RT @leftfootfwd Ken Clarke says Government was right (and Osborne wrong) on Northern Rock nationalisation http://bit.ly/9G8E8o

  19. Sharon Carr-Brown

    RT @leftfootfwd: Ken Clarke: Government right (and Osborne wrong) on Northern Rock http://bit.ly/9G8E8o

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