» 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.

original source.

Briefing took place at 11:00 | Search for related news

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