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Presbyterian Mutual efforts to continue

London talks - 'Process can't be rushed'
London talks - 'Process can't be rushed'

British Prime Minister Gordon Brown held talks today with Northern Ireland's political leaders on the future of the stricken financial institution, the Presbyterian Mutual Society.

The organisation went into administration at the end of 2008, putting the savings of 10,000 people at risk, but the body did not qualify for government support.

Northern Ireland's First Minister Peter Robinson and Deputy First Minister Martin McGuinness met Mr Brown in London for talks on the efforts of Stormont politicians to secure aid for the Society.

After the meeting, Mr Robinson said work would continue to try to secure a settlement for savers but warned the process could not be rushed. He added that he would do what he could to assist those affected.

Last night Mr Robinson said he and his colleagues on the power-sharing executive would continue to press the Prime Minister and the British Treasury on the issue until a satisfactory solution to the problem is found.

Mr McGuinness said he believed there was a responsibility on Gordon Brown and the British government to ensure that people do not incur losses which, for many, amount to their life savings.