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| Version 1 | Version 2 |
|---|---|
| Cameron calls for Darling to go | Cameron calls for Darling to go |
| (10 minutes later) | |
| Tory leader David Cameron has called on Gordon Brown to remove Alistair Darling from his job as chancellor because he has "no credibility". | Tory leader David Cameron has called on Gordon Brown to remove Alistair Darling from his job as chancellor because he has "no credibility". |
| He also accused the government of "dithering, delay and indecision" over its decision to temporarily nationalise the stricken Northern Rock bank. | He also accused the government of "dithering, delay and indecision" over its decision to temporarily nationalise the stricken Northern Rock bank. |
| He said the move had produced an "economic calamity". | He said the move had produced an "economic calamity". |
| And it meant the government had "taken out" a second mortgage for all of us, he said in a news conference. | And it meant the government had "taken out" a second mortgage for all of us, he said in a news conference. |
| Mr Cameron said his party would not be supporting the nationalisation plans. | Mr Cameron said his party would not be supporting the nationalisation plans. |
| 'Best option' | 'Best option' |
| Instead, it would be recommending placing Northern Rock in Bank of England-led administration, to get as much money back for the taxpayer as possible. | Instead, it would be recommending placing Northern Rock in Bank of England-led administration, to get as much money back for the taxpayer as possible. |
| Mr Cameron spoke out just hours after the prime minister defended the decision to nationalise Northern Rock. | Mr Cameron spoke out just hours after the prime minister defended the decision to nationalise Northern Rock. |
| The nationalisation of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country David CameronConservative leader | The nationalisation of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country David CameronConservative leader |
| Mr Brown rejected suggestions he had lost his reputation for economic competence, adding that ministers' actions had stopped the Rock crisis spreading and also protected its customers' cash. | Mr Brown rejected suggestions he had lost his reputation for economic competence, adding that ministers' actions had stopped the Rock crisis spreading and also protected its customers' cash. |
| He said UK economic stability had been maintained and nationalisation was now "the best option" for the taxpayer. | He said UK economic stability had been maintained and nationalisation was now "the best option" for the taxpayer. |
| Mr Cameron told reporters: "The nationalisation of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country." | Mr Cameron told reporters: "The nationalisation of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country." |
| Claiming Mr Darling had had "a dreadful six months", he said the chancellor had stolen Conservative ideas to put into his pre-budget report and had overseen a department responsible for losing the details of almost every family in Britain. | Claiming Mr Darling had had "a dreadful six months", he said the chancellor had stolen Conservative ideas to put into his pre-budget report and had overseen a department responsible for losing the details of almost every family in Britain. |
| He said Mr Brown "will have to reconstruct his government". | He said Mr Brown "will have to reconstruct his government". |
| Black Wednesday comparison | |
| "He will have to move his chancellor. I don't think this chancellor has any credibility left and that's not good for the country and not good for the economy," he said. | "He will have to move his chancellor. I don't think this chancellor has any credibility left and that's not good for the country and not good for the economy," he said. |
| However, he said Mr Darling should be allowed to continue in his job until emergency legislation to nationalise Northern Rock has been pushed through Parliament. | However, he said Mr Darling should be allowed to continue in his job until emergency legislation to nationalise Northern Rock has been pushed through Parliament. |
| Mr Cameron said he had learnt "a lot" from his experience of being an adviser in the Treasury during the Black Wednesday crisis of 1992, that it was vital for the chancellor to leave the government after such episodes. | |
| He said it was no good the prime minister blaming global financial turbulence for the problems the government is facing. | |
| "It's only in Britain we have had a run on a bank. It's only in Britain we have had to nationalise one of our largest banks," he said. | |
| "I do think there is a major credibility problem for the prime minister, the government and for the chancellor." |