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.
Irish heads of government since 1919 Free State, an interim office of Chairman of the Provisional Government. For a brief period in 1921 the offices of President of the Republic and Chairman of the Provisional Government existed simultaneously. The most recent devolved cabinet in Northern Ireland is the Northern Ireland Executive, established under the Good Friday Agreement. The Executive has been in operation, intermittently, since 1999; but had existed continuously since 2007, but after elections following a government collapsed on 16 January 2017, no Executive has been formed. Since 1921, there have been three different prime ministerial offices in Northern Ireland. The most recent structure, the