Monday 1 September 2008

Fall out with my Darling ? NEVER !!!

Number 10 denies chancellor rift

Chancellor Alistair Darling
The chancellor' s comments have been described as 'extraordinary'

Downing Street has denied reports of a rift with the chancellor following his grim warnings over the economy.

Number 10 said it was working closely with Mr Darling on ways to alleviate the impact of the economic downturn.

Mr Darling told a newspaper at the weekend that Britain was facing its worst economic crisis for 60 years.

Meanwhile, Conservative leader David Cameron has warned large-scale attempts to refloat the mortgage market could be "quite dangerous".

The Bank of England figures show the number of new mortgages approved for home buyers fell in July to just 33,000, a 71% drop since last year.

http://news.bbc.co.uk/1/hi/uk_politics/7591346.stm


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