Reinvesting with Northern Rock

Only spotted this today, but as regards the 100% guarantee + 3 month notification of removal this may be relevant;

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/03/rock_path_to_privatisation.html

Now in state hands, the Rock will also make a commitment later today that during 2010 it will have repaid all of the taxpayer-backed loan it has received from the Bank of England, which currently stands at around £24bn. Repayments have started and the loan is already about £3bn lower than it was at the end of last yeari.

The new nationalised Rock will say that after the Bank of England loans have been repaid, it will relinquish the guarantees the Treasury has given to other creditors.