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Northern Rock

Northern Rock logo

Northern Rock improving despite losses

Update: Wed, 10/03/2010 - 10:12
Losses at nationalised bank Northern Rock shrank to £257.4 million last year as income levels picked up and bad loans lessened in the second half of 2009. Read more
Umbrella blowing away

Northern Rock savers to lose 100% protection in May

Update: Fri, 26/02/2010 - 12:11
Northern Rock savers have been urged to find new homes for their money after the government confirmed plans to scrap the bank's 100% protection guarantee in three months' time. Read more
Coins under an umbrella

Northern Rock savers to lose 100% protection

Update: Wed, 10/02/2010 - 14:16
Savers with Northern Rock will lose their 100% protection guarantee when the beleaguered bank returns to the private sector. Read more
Northern Rock logo

Who will buy Northern Rock?

Update: Mon, 04/01/2010 - 11:56
The race to snap up the good assets of Northern Rock is heating up with Virgin Money and National Australia Bank emerging as the frontrunners. Read more
Northern Rock branch

No compensation for Northern Rock shareholders

Update: Tue, 08/12/2009 - 15:45
Thousands of Northern Rock shareholders are not entitled to receive compensation for their heavy losses following the nationalisation of the troubled lender two years ago. Read more
Northern Rock branch

Northern Rock "improving" despite uncertain outlook

Update: Wed, 04/11/2009 - 11:02
Northern Rock says its financial performance is improving thanks to “encouraging” economic trends, but has warned that the number of mortgage borrowers falling behind with repayments is rising. Read more
Axe

Lloyds and RBS to be broken up

Update: Tue, 03/11/2009 - 09:42
The government today confirmed long-awaited plans to invest billions more pounds in the banks and sell-off large chunks of their assets. Read more
Northern Rock

Europe approves plan to divide Northern Rock

Update: Wed, 28/10/2009 - 12:53
The European Union has given the green light to plans to split nationalised Northern Rock into a ‘good’ bank and a ‘bad’ bank. Read more
Pause button

Northern Rock suspends interest payments

Update: Wed, 19/08/2009 - 10:11
Nationalised lender Northern Rock is putting the brakes on interest payments on a range of bonds as it attempts to rebuild its capital position. Read more
Northern Rock branch

Northern Rock could become first-time buyer bank

Update: Mon, 17/08/2009 - 15:17
Building societies have called on the European Commission to force Northern Rock to focus on lending mortgages to first-time buyers and people with small deposits. Read more
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