HC Deb 02 February 1990 vol 166 c411W
Mr. Barry Field

To ask the Secretary of State for Trade and Industry when he expects to announce the completion arrangements for the sale of Girobank.

Mr. Forth

The Post Office and Alliance and Leicester building society are engaged in detailed negotiations with a view to completing the sale as soon as practicable. The sale is a complex matter and it was invevitable that it would take some time to complete.