'War Cabinet' to Fight the Crunch ; Including a Tarnished Banker and a Hedge-Fund Short Selling Expert

Daily MailOctober 04, 2008

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Summary


A 'WAR Cabinet' of ministers and captains of industry was formed yesterday to advise Gordon Brown on how to tackle the econmic crisis.

The National Economic Council, which will meet twice a week, will aim to co-ordinate the response from the failing of British banks to attempting to cushion the blow to families from soaring fuel and energy prices.

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Extract


'War Cabinet' to Fight the Crunch ; Including a Tarnished Banker and a Hedge-Fund Short Selling Expert

New Business Secretary Peter Mandelson will take a key role in the project along with ministers from a range of departments.

The NEC will meet around the table in Cobra (Cabinet Office M...

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