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Northern Rock

Part of Topical Questions – in the House of Commons at 3:31 pm on 19th November 2007.

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Photo of Alistair Darling Alistair Darling The Chancellor of the Exchequer 3:31 pm, 19th November 2007

Yes, I have made it clear that the Bank of England's job as a central banker is to ensure the financial stability of the system, so if we were to have another situation with a bank like what happened with Northern Rock, the approach would be clear. That is the job of the central bank in this country, as it would be in any other country.