UK government attacked for dithering on Rock sale

The government came in for more criticism over its handling of the Northern Rock crisis on Wednesday 5 March, when Peter Hitchens, the leader of PricewaterhouseCoopers's UK banking and capital markets practice, said it had wasted a lot of time dithering and trying to avoid the inevitable.

"If you want to save a bank, the only alternatives are selling it to a competitor or nationalising: there is no third option," he said at a City of London roundtable meeting arranged by the Centre for the St

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