Downing Street Says » Northern Rock

» Tuesday, January 15, 2008

Northern Rock

Asked if the Prime Minister was going to be spending any more time on the Northern Rock issue in the next 48 hours, the PMS said that, as had been said at the lobby briefing this morning, this was something which was discussed as part of a wider discussion on economic stability at this morning’s Cabinet. There were no other meetings the PMS could point journalists towards, but it was of course, something the Prime Minister and the Chancellor were fully engaged in.

Asked if there was anything that the Prime Minister may want to say to shareholders to reassure them, the PMS said that we had gone into some detail earlier about the Government’s position and the need to protect taxpayers, depositors and mortgage holders, as well as the fact that all options were still being looked at.

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