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| Version 0 | Version 1 |
|---|---|
| Economic crisis council to meet | Economic crisis council to meet |
| (about 2 hours later) | |
| Gordon Brown's newly created National Economic Council is to hold its first meeting as MPs return to Westminster after their summer break. | Gordon Brown's newly created National Economic Council is to hold its first meeting as MPs return to Westminster after their summer break. |
| The group was set up by the prime minister to help people and businesses tackle the economic crisis. | |
| Its 17 ministers will meet to co-ordinate efforts to help people deal with issues such as higher food and energy prices. | Its 17 ministers will meet to co-ordinate efforts to help people deal with issues such as higher food and energy prices. |
| The chancellor is also due to make a Commons statement on the credit crisis. | The chancellor is also due to make a Commons statement on the credit crisis. |
| The meeting comes as the UK Treasury seeks clarification of an apparent guarantee by Germany's Chancellor Angela Merkel to protect all private deposits in German banks. | The meeting comes as the UK Treasury seeks clarification of an apparent guarantee by Germany's Chancellor Angela Merkel to protect all private deposits in German banks. |
| If that is the case, the UK government will come under pressure to follow suit. | |
| The National Economic Council was unveiled by Mr Brown last week as a key part of the government's strategy to deal with the present economic uncertainties. | The National Economic Council was unveiled by Mr Brown last week as a key part of the government's strategy to deal with the present economic uncertainties. |
| The council will discuss ways of helping people deal with higher food and energy prices, as well as looking at the financial markets, housing and planning needs. | |
| Downing Street says the council offers a new approach to the immense economic challenges facing the country. | Downing Street says the council offers a new approach to the immense economic challenges facing the country. |
| However, some experts have questioned how new it is, suggesting it is just a cabinet committee renamed. | However, some experts have questioned how new it is, suggesting it is just a cabinet committee renamed. |