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.
Executive Office (Northern Ireland) currently vacant. The Executive Office's overall aim is to “deliver a peaceful, fair, equal and prosperous society". Its key stated objectives include: "driving investment and sustainable development"; "Tackling disadvantage and promoting equality of opportunity"; and the "effective operation of the institutions of government". The office has the following main responsibilities: The Executive Office's main counterparts in the United Kingdom Government are: A Prime Minister of Northern Ireland was appointed on its formation in June 1921, supported by the Department of the Prime Minister, but the office was abolished in March 1972, on suspension of the Parliament of Northern Ireland and