Nationalisation of Northern Rock book over 3 years; this would be achieved by Lloyds TSB offering new mortgages to Northern Rock customers who are nearing the end of their fixed-rate deals. It was confirmed on 20 May 2008 that Northern Rock would continue to sponsor both Newcastle United and the Newcastle Falcons, the former due to the long-term agreement between them and the club. Chief Executive Ron Sandler was quoted as saying: "We have already ended a number of sponsorships that I inherited... but we have chosen to continue the sponsorship of Newcastle United and Newcastle Falcons, partly because of commitments we have entered
Executive Council of the Isle of Man Executive Council of the Isle of Man The Executive Council is the former title of the Council of Ministers, the principal executive body of the Isle of Man Government. Its chairman was the Lieutenant Governor until 1980, when he was replaced by a Chairman elected by Tynwald. The Chairman was renamed "Chief Minister" in 1986, and the Council was renamed "Council of Ministers" in 1990. The Executive Council was established following the 1949 General Election, "to assist the Lieutenant Governor in the performance of his duties", as successor to an Executive Committee of Tynwald which was set up in 1946.