Northern Rock on the brink of nationalisation
8:18amToday’s Telegraph reports that the government will use a report by Goldman Sachs to justify the effective nationalisation of Northern Rock at the end of this month. The nationalisation of Northern Rock would be the admission of an amazing failure in policy since the run on the bank in September. It is staggering that the cost to each taxpayer of the attempt to bail out the Rock could be as high as £1,800.
Blogs: Martin Bright | Susan Hill | Alex Massie | Melanie Phillips | Faith Based | Cappuccino Culture
Actions: Email to a friend | Permalink | Comment | Subscribe
Post this entry to: del.icio.us | Digg | Newsvine | NowPublic | Reddit
Advertisement
Andrew Neil's blog (Daily Politics)
Marbury Muse - the Apollo blog
And, of course, our very own Tamzin Lightwater
GASCONY, SW France, near Condom-en-Armagnac 13th Century stone house, 21st Century luxury for 12 in 5 en-suites. 50 acres +
IF YOU ARE PLANNING A CHAMPAGNE RECEPTION and looking for some light entertainment, you can now hire London's busiest steel
BOSC LEBAT, SW France. Only 45 minutes from Toulouse Airport with daily flights from most provincial airports avoiding the horrors
Spectator Business | Apollo Magazine
Corporate | Advertising | Privacy | Terms
Spectator, 22 Old Queen Street, London, SW1H 9HP
All Articles and Content Copyright ©2009 by The Spectator | All Rights Reserved
Be the first to comment on this article!
Back to top