Darling unveils Rock rescue plans
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Chancellor Alistair Darling outlines details of a funding plan that could help a private sale of Northern Rock.
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Embattled Financial Services Authority promises "root and branch" review of Northern Rock crisis.
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PM promises 'comprehensive programme' to assist flood-stricken communities in northern England.
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Britain set a two-week deadline for a private-sector rescue of Northern Rock  on Monday as it confirmed plans to convert its billions of pounds of loans to the stricken bank into bonds in a bid to smooth a deal.
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An oil companyâs plan to begin exploratory drilling near the remote site of Robert Smithsonâs âSpiral Jettyâ along the Great Salt Lake in Utah has stirred an impassioned response from artists and others who fear that the project could endanger that massive artwork. The jetty, a 1,500-foot-long curlicue of salt crystals, rocks and mud jutting into the lake, was completed by Smithson in 1970, three years before he died in a plane crash. The State of Utah, which must approve any plan for drilling in the area, decided recently to extend a period for public comment on the proposal until Feb. 13. John Harja, who runs the stateâs public land policy coordinating office, said on Tuesday that the office had received 900 letters, e-mail messages and calls about the issue in the last several days. Richard Moe, president of the National Trust for Historic Preservation, issued a statement calling the jetty âa significant cultural siteâ and saying that the trust was âdeeply concerned about the potential harm that energy development could bringâ to it.
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Alistair Darling admitted today lessons would be learned from the Northern Rock crisis and promised to strengthen protection for voters.
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Secret plan to divide up Northern Rock among high street banks drawn up by government advisers
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Britain set a two-week deadline for a private-sector rescue of Northern Rock, as it confirmed plans to convert its almost 25 billions pounds ($49 billion) of loans to the stricken bank into bonds in a bid to smooth a deal.
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Prime Minister Kevin Rudd announced a long-term plan to battle homelessness Sunday, saying the problem affected one in 200 Australians and was getting worse.
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The government is to offer more financial support to potential private sector buyers of Northern Rock.
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The taxpayer will underwrite Northern Rock's huge debt for as long as five years in a rescue plan to be announced.
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The future of ailing British bank Northern Rock -- including possible nationalisation -- is to be decided in the next six weeks, finance minister Alistair Darling said in an interview out Saturday.
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The government has plans in place to use legislation if the Northern Rock bank is nationalised, the BBC learns.
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Business & money: Government to get tough with bidders for Northern Rock during crisis meetings
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The government promises to do all in its power to help businesses affected by flash floods in Londonderry.
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Britain's financial watchdog is to be given new powers to intervene in failing banks to avoid a repeat of the Northern Rock crisis, Chancellor of the Exchequer Alistair Darling said in an interview out Friday.
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Government announces grants to help local authorities affected by recent floods.