Nationalisation of Northern Rock in the event that the takeover bids fail. On 12 January 2008, the Treasury recruited Ron Sandler, the former Lloyd's of London Chief Executive, to lead Northern Rock, in the event that the bank was nationalised. If the Bank was to be temporarily nationalised, the government would manage the Bank at "arm's length" on a commercial basis, where services for savers and borrowers would not be affected and the company would continue to operate as normal. However nationalisation would also address the future of the Northern Rock Foundation. Alistair Darling rejected the possibility of the Bank being put into administration.
Government of the Northern Cape Government of the Northern Cape The Northern Cape province of South Africa is governed in a parliamentary system in which the people elect the provincial legislature and the legislature, in turn, elects the Premier as head of the executive. The Premier leads an Executive Council consisting of members who oversee various executive departments. The structure of the provincial government is defined by chapter six of the Constitution of South Africa. The Northern Cape Provincial Legislature, situated in Kimberley, is the legislative branch of the provincial government. It is a unicameral legislature of 30 members, elected by a system of party-list