» Tuesday, October 14, 2008

Cabinet

The Prime Minister s Spokesman (PMS) began by giving a short account of Cabinet. There was a presentation by the Chancellor on the measures the Government had taken in recent days to stabilise the financial markets. Looking ahead, there was a discussion on issues facing the wider economy as a consequence of the instability.

The Prime Minister had also looked ahead to the European Council meeting tomorrow and he remarked that there were several stages to what we were undertaking at the moment. The first stage was to stabilise the markets which we were currently doing, the second stage and a priority for the European Council meeting was to work with international partners to introduce greater transparency into the global financial system. At the same time we were also focussed on issues that affected people in the real economy such as housing, business, employment and the impact on family budgets.

There was also a presentation by Ed Balls ahead of his oral statement this afternoon, on testing in secondary schools and a presentation from Alan Johnson on the GP contract.

original source.

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

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