Nationalisation of Northern Rock mortgage products, but the other company, "Northern Rock (Asset Management) plc", will not. The subsidiary in Guernsey, Northern Rock (Guernsey) Limited, and all Irish accounts are owned by the new Northern Rock plc. After the split there are two boards of directors; Ron Sandler is the Chairman of the new Northern Rock plc and Richard Pym is Chairman of the Asset Management company. Gary Hoffman is Chief Executive of both companies. On 10 March 2010 Northern Rock (Asset Management) plc announced that for the year 2009 the company made a better than expected loss of £257.4 million; this was a
Government of Northern Ireland (1921–1972) abolished completely the following year by the Government of the United Kingdom under the Northern Ireland Constitution Act 1973. The Executive Committee was based in the Stormont Parliament Buildings and the nearby Stormont Castle, whilst the Governor resided at Hillsborough Castle. Original plans to build a separate executive building were abandoned in the 1920s as a result of the economic difficulties that resulted from the Wall Street Crash. Government of Northern Ireland (1921–1972) The Executive Committee or the Executive Committee of the Privy Council of Northern Ireland was the government of Northern Ireland created under the "Government of Ireland Act