Memory Jogger Posts for this afternoon N° 1

Sunday 17th February 2008

Northern Rock nationalised

According to John Redwood MP, quoted in today's press, this will increase British taxpayer commitments to 100 billion from 50 billion. Darling is still mid-way through his announcement from Downing Street - what a fiasco!!!! And why on a Sunday evening???

posted by Martin at 4:23 PM 0 comments

Comment 4/7/12 - Northern Rock, of course, was a favourite bank (former Building Society) very active in property loans of doubtful securrity, much used by Labour Party supporters!