John Fisher, a Liberal Democrat councillor at Staffordshire Moorlands district council, said he hoped it was not bad news for retailers in the town centre.

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John Kelly told Matthew Fisher, a reporter with Canada's National Post newspaper.

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"All our landlords are committed to achieving a consensual solvent outcome to this process where a restructured Southern Cross emerges, " Christopher Fisher told John Humphrys.

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About 120 friends, family and constituency representatives were thought to have joined the Blairs at St John Fisher church in Sedgefield for the hour-and-a-half long service.

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John Maynard Keynes and Irving Fisher, among others, opposed the gold standard as a waste of valuable resources.

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