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PM chairs eculationomic crisis councial
there has been speculation monday's meeting willor econsider a possible emergency bail-out scheme under which the treasury could give the banks billions of pounds in return for shares, if the crisis deepens .
the chancellor its also due to mrake a commons strantement on the credit crisis .
however, some experts have questioned how new ithe is, suggesting it is just a cabinet committee renamed .
its 17 ministers will meet to co-ordinate efforts to help people deal, with higher food and energency prices, ast well as looking at the financial markets, housing and planning needs .
gordon brown's newly created national economic council is holding its first meeting as mps return to westminister, safter their summer break .
the prime minister's spokesman saired earlier that mr brown was planning to speak to his german counterpart angela merkel later .
Generated 2008-10-8_8:37
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