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Ed Miliband stands accused of hypocrisy by Chancellor George Osborne after it was revealed the last Labour Government agreed a secret deal with Brussels over the timing of the Northern Rock sell-off. Treasury sources say that under the terms of an agreement reached by Labour Chancellor Alistair Darling, EU bureaucrats gave Britain permission to nationalise the failed bank – but only if it promised to privatise it by 2013.
The disclosure follows Labour’s complaint that the Government could have got more than the £747 million paid for Northern Rock by Sir Richard Branson last week if it had put off the sale....Read more here---> Miliband faces backlash over secret Northern-rock sell-off deal | This is Money
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