King 'Had No Rock Row with Darling' ; Economics

Summary


The Bank of England's governor Mervyn King has denied he had any disagreement with Chancellor Alistair Darling over the handling of Lloyds TSB's potential bid for Northern Rock.

Mr King and the Bank sought to correct suggestions in the media, based on a BBC interview on Tuesday that Mr Darling "vetoed" a proposal for the Government to lend Northern Rock pounds 30 billion to support a rescue bid by a big British bank, believed to be Lloyds TSB.

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King 'Had No Rock Row with Darling' ; Economics

In the interview, Mr King rev...

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