We are writing today to Alistair Darling requesting equal involvement to our English colleagues. We will also be seeking reassurance that the treatment of Scottish local government will be no different to that in the rest of the UK.
We are writing today to Alistair Darling requesting equal involvement to our English colleagues. We will also be seeking reassurance that the treatment of Scottish local government will be no different to that in the rest of the UK.
Europe needs a co-ordinated plan to recapitalise nearly all its banks. The recent announcements by (Chancellor of the Exchequer) Alistair Darling sound highly encouraging in this regard. However, if implemented, it will put British banks at a clear advantage to highly leveraged Continental banks, so Europe needs to follow suit.
For this, we have to thank the UK Prime Minister Gordon Brown and his Chancellor of the Exchequer Alistair Darling. Our hats are off to them and, if Treasury Secretary Henry Paulson follows their advice, we could finally have found our wider firebreak.
We hope his Chancellor Alistair Darling is an effective marketer of these ideas in Washington
If Paulson heeds the advice of (U.K. Prime Minister Gordon) Brown and ( Chancellor Alistair) Darling, the chances that the U.S. economy will be steered away from a deep recession extending through 2009 will be greatly improved
We attempted to remove our investment prior to the current situation, however as we were tied into a deposit period of up to two years, we were unable to do so. We are awaiting confirmation from the government to see what arrangements have been made to protect the investments and would expect the same guarantee that Alistair Darling has given to the UK's banks.
All these are investments being made by the government, which will earn a proper return for the taxpayer. This support is on commercial terms. We expect to be rewarded for the support we provide
Extraordinary times call for bold and far-reaching solutions. Our stability and restructuring programme is comprehensive, it is specific and it breaks new ground. This is not a time for conventional thinking or outdated dogma but for the fresh and innovative intervention that gets to the heart of the problem.