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Brown hints at no nationalisation for Northern Rock

Gordon Brown has given one of the strongest indications yet that Northern Rock will not be taken into public ownership. Speaking during an official visit to China, the prime minister said talks looking into a private takeover of the stricken lender were underway. He told reporters in Shanghai that Goldman Sachs had been hired to… Read more »

Browne to make statement on MoD data loss

Des Browne is due to speak to MPs at the “earliest opportunity” after a Ministry of Defence (MoD) laptop containing personal details of 600,000 people was stolen. The defence secretary is expected to make a statement to the House of Commons on Monday, echoing similar moves by Cabinet colleagues Alistair Darling and Ruth Kelly. Both… Read more »