BUSINESS: Northern Rock crisis: Queues decrease and shares rise

The crisis at building society Northern Rock seems to be over. The queues and the number of savers demanding their money back has gone down, while for the first time in five days shares have gone up. It comes after the Government promised to honour every penny being held at the bank and any others that get into trouble. It is a tactic which may have eased the panic, but will it have longer term effects? Meanwhile Northern Rock shareholders are to bear any losses. A report on whether the Northern Rock bank crisis has had any impact on public confidence in Prime Minister Gordon Brown.

ITN Source | September 18, 2007