“We are fully aware of the urgency of this matter…”

The BBC reports on a meeting today chaired by Northern Ireland Secretary of State, Owen Paterson, and attended by NI First and Deputy First Ministers Peter Robinson and Martin McGuinness, Finance Minister Sammy Wilson, Northern Ireland Minister Hugo Swire and Mark Hoban, financial secretary to the Treasury.

The topic?  The troubled Presbyterian Mutual Society.

From the NI Secretary of State’s statement

Speaking after the meeting, Mr Paterson said: “Both before and since the General Election, the Prime Minister and I have been firm in our commitment to finding a fair and just resolution to this crisis.

“We are fully aware of the urgency of this matter.

“The meeting confirms the will which exists both in Government and in the Northern Ireland Executive to work together in seeking a solution.

“There is no easy answer, but I am keen to consider all available options to ensure PMS members are treated fairly.

“We have identified several courses of action which will be pursued with urgency over the summer, and we are all clear that it will be important for PMS members that we reach a conclusion as quickly as possible after that.

“We will meet again at the beginning of September”.

Of course, he means shareholders, not members creditors.  But does this mean they’ve rejected the package of measures OFMDFM-proposed in April, which they announced just before that potentially troublesome election…