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Northern Rock

Savings squeeze

Northern Rock pulls saving ranges

Northern Rock has been forced to slash its saving range - including all fixed-rate accounts - as savers increasingly seek out 100% protection for their money. Read more
Money protected

Get 100% protection on your savings

Savers could now benefit from 100% protection against a bank going bust as long as they are with an Irish bank. Read more

Savers' money still at risk

There is still a risk that savers could lose their money should a bank fail despite the government’s protection scheme, a Parliamentary committee has warned. Read more
House repossession

Northern Rock borrowers failing to repay loans

The number of mortgage borrowers failing to meet repayments on their loans has risen to a record level, with the highest default numbers among Northern Rock customers. Read more
Northern Rock

Northern Rock relaxes mortgage criteria

Northern Rock has relaxed its mortgage lending criteria and will start to offer its best rates to people with 25% deposits again, rather than those with at least 30% to put down. Read more
Northern Rock

Northern Rock heaps financial rewards on new CEO

Northern Rock has appointed a new chief executive officer, paying him an impressive salary of £700,000 a year plus “compensation” of £1.2 million. Read more
Bank of England

Financial crisis not over, warns Bank of England

The Bank of England is looking at ways to help cash-stricken banks borrow money and has issued a warning that the crisis is not yet over. Read more

Northern Rock deal smells fishy to me

Am I the only person with an uneasy feeling about the Northern Rock and Lloyds TSB tie-up?

1 comment
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Lloyds TSB branch

Experts slam Northern Rock and Lloyds TSB tie-up

Northern Rock mortgage borrowers whose deals are due to end over the next three years could be offered a new fee-free mortgage from Lloyds TSB. Read more

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