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.
Government of Northern Ireland (1921–1972) Lord Lieutenant". In practice the Executive Committee was answerable to the elected House of Commons of Northern Ireland. As a result, the Executive Committee stood in a similar relationship to the legislature and Crown (within devolved Northern Ireland) as the UK's Cabinet does to the Crown and Westminster Parliament. The Executive Committee thus played an equivalent constitutional role in relation to Northern Ireland as the UK Cabinet did to the United Kingdom as a whole. The system of government created by the "Government of Ireland Act 1920" was first suspended by the Northern Ireland (Temporary Provisions) Act 1972, and then