BROWN ACCUSED OVER LACK OF EARLY KNOWLEDGE OF NORTHERN ROCK PROBLEMS
In a Today programme interview this week Gordon Brown rejected suggestions the government had known early on about Northern Rock's problems but had failed to act in time to prevent a run on the bank. Chancellor Alistair Darling told Labour's conference that there are "lessons to be learnt" following the Northern Rock bank crisis. Mr Darling announced on Saturday that he is considering guaranteeing people's savings held in a bank or building society up to £100,000.