Northern Rock News Articles

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Northern Rock Attracting Savers

The now nationalised bank Northern Rock may be seen as an attractive proposition for savers since it is backed by the government and so cannot go out of business.

Published: 11/10/08 - Read Full Article >>

Northern Rock Guarantees Make Them Table Toppers

The savings account best buy tables are seeing a lot of Northern Rock, with some excellent rates available on 12 month bonds and investment accounts for those aged 50 plus.

Published: 05/09/08 - Read Full Article >>

Nationalisation Of Northern Rock Is Correct Move Says Pm

The Prime Minister, Gordon Brown, has supported the Chancellors decision to privatise Northern Rock, saying it was the right thing to do and the right time to do it.

Published: 30/08/08 - Read Full Article >>

Northern Rock Mortgage Lending Policies Criticised

Troubled bank Northern Rock were facing criticism last night after it was found that they were still offering 100 percent mortgages, and even some greater than 100 percent.

Published: 27/08/08 - Read Full Article >>

Northern Rock Talks Ongoing

Talks between Virgin Group head Richard Branson and the Chancellor of the Exchequer Alistair Darling have been taking place, with the future of Northern Rock the topic of conversation.

Published: 27/08/08 - Read Full Article >>

Northern Rock Management Team Has Backer

The Northern rock management team bidding to win the right to run the operation have won the support of an investment group, the group stating they are able to underwrite GBP200 million of a rights issue that would be used to put capital into the bank.

Published: 25/08/08 - Read Full Article >>

Northern Rock Loan Will Appear On Government Accounts

The Office for National Statistics (ONS) has decided that the loan given to Northern rock will be listed on the government accounts.

Published: 22/08/08 - Read Full Article >>

Northern Rock Jobs Threat

With the government looking for the bonds it has used to fund the support of Northern Rock to be repaid in three years the potential for job losses at the bank is now quite high.

Published: 20/08/08 - Read Full Article >>

Olivant Withdraws From Northern Rock Bidding

The number of interested parties for Northern Rock was reduced a couple of days ago by the withdrawal of Olivant from the bidding process.

Published: 19/08/08 - Read Full Article >>

Two Weeks Given For Northern Rock Offers

The government has given interested parties two weeks in which to make their offers for Northern Rock.

Published: 10/08/08 - Read Full Article >>

Emergency Meeting At Northern Rock

Northern Rock has agreed to an emergency meeting with shareholders to discuss the process of selling the troubled bank.

Published: 18/07/08 - Read Full Article >>

Northern Rock Falls From Ftse 100

The FTSE 100 index is the list of top companies in the UK and is updated every quarter to ensure it corresponds with the actual situation.

Published: 29/06/08 - Read Full Article >>

Northern Rock Bidder Threatens To Walk Away

Olivant, one of the major bidders for troubled bank Northern Rock, has written to the bank as it feels it is being stopped from sourcing a line of credit.

Published: 28/06/08 - Read Full Article >>

Northern Rock Ceo Departs

Chief Executive of Northern Rock, Adam Applegarth, has left the company as was expected following his announcement in November.

Published: 28/06/08 - Read Full Article >>

Ec Approves Northern Rock Rescue

The assistance provided by the British Government and the Treasury has been formally approved by the European Commission under the rules it employs for state aid.

Published: 24/06/08 - Read Full Article >>

Northern Rock Staff To Enjoy Pay Rewards

The staff of Northern Rock are set to receive a one off bonus payment and a pay rise just as the bank is looking to find the best way to take the organisation forwards.

Published: 24/06/08 - Read Full Article >>

Northern Rock Bidder Leaves

One of the bidders for Northern Rock is pulling out of the process, leaving the way clear for other, stronger, bidders to fight it out.

Published: 23/06/08 - Read Full Article >>

Mortgage Fees High At Northern Rock

Over the past two years mortgage fees, that is the one off charges levied on customers for taking a mortgage, have almost doubled according to Moneyfacts.

Published: 14/06/08 - Read Full Article >>

Treasury Plans For Northern Rock

Officials from the Treasury and the Bank of England are setting up plans to compensate Northern Rock customers if the troubled bank has to go into administration.

Published: 14/06/08 - Read Full Article >>

Northern Rock Mortgage Fees High

Over the past two years mortgage fees, that is the one off charges levied on customers for taking a mortgage, have almost doubled according to Moneyfacts.

Published: 13/06/08 - Read Full Article >>

Expressions Of Interest For Northern Rock

It appears that Northern Rock, currently trying to fight its way out of trouble, has received a number of expressions of interest from companies considering an investment or buyout.

Published: 10/06/08 - Read Full Article >>

Northern Rock Sell Off Warning

The largest Northern rock shareholder has given a word of warning to the bank regarding its desire to sell the business to other companies in the financial sector.

Published: 10/06/08 - Read Full Article >>