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.
Vice-President of the Executive Council first to appoint a Vice-President of the Executive Council (New South Wales), on 3 October 1856, in the Parker ministry of the first elected colonial government. The New South Wales government currently retains the title for a senior government minister, who since 30 January 2017 has been Don Harwin. The Executive Council of Victoria is made up of the Premier and his or her Ministers who have been sworn into that office by the Governor, usually immediately after they have been sworn in as Ministers. The Governor usually attends and presides at meetings of the Executive Council, though he or