Downing Street Says » Northern Rock

» Monday, November 19, 2007

Northern Rock

Put that the Treasury had said spoken today of a possible residual reliability to the tax payer and that the only way the Government could get its money back would be to call in the secured loan and bankrupt Northern Rock, the Prime Minister’s Spokesman (PMS) replied that he thought that quite a few assumptions had been made in order to reach that final proposition. The Treasury made their statement this morning; this was a highly market-sensitive matter and the Chancellor would make a statement to the House of Commons this afternoon.

No Comments »

No comments yet.

RSS feed for comments on this post.

Post a public comment

Name (required)
E-mail (required)
(You must give an email address, but it will not be displayed to the public.)
Website
(You may give your website, and it will be displayed to the public.)

Comments:

This is not a way of contacting the Prime Minister. If you would like to contact the Prime Minister, go to the 10 Downing Street official site.

Privacy note: Shortly after posting, your name and comment will be displayed on the site. This means that people searching for your name on the Internet will be able to find and read your comment.

Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.