Northern Rock

Northern Rock reveals performance

Rebecca Atkinson — Tue, 14 Oct 2008 09:47:32 +0100

The 100% guarantee offered to Northern Rock savers led to a whopping £3 billion increase in deposits between June and September, as savers sought out safe havens from the banking crisis.

Northern Rock pulls saving ranges

Rebecca Atkinson — Thu, 02 Oct 2008 09:54:18 +0100

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.

Get 100% protection on your savings

Rebecca Atkinson — Tue, 30 Sep 2008 12:37:04 +0100

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

Bradford & Bingley deal: what does it mean for you?

Rebecca Atkinson — Mon, 29 Sep 2008 09:33:22 +0100

The credit crunch and resultant banking crisis has claimed many victims, but the news that Bradford & Bingley, the building society turned bank with a 151-year history, has finally succumbed will cause worry, panic and even anger among many customers, shareholders and members of the general public.

Savers' money still at risk

Rebecca Atkinson — Mon, 15 Sep 2008 17:50:57 +0100

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.

Northern Rock borrowers failing to repay loans

Rebecca Atkinson — Wed, 27 Aug 2008 11:46:14 +0100

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.

Northern Rock relaxes mortgage criteria

Rebecca Atkinson — Fri, 25 Jul 2008 16:08:44 +0100

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.

Northern Rock heaps financial rewards on new CEO

Rebecca Atkinson — Wed, 23 Jul 2008 17:04:15 +0100

Northern Rock has hired a new chief executive officer to head up the troubled lender, paying him an impressive salary of £700,000 a year plus “compensation” of £1.2 millon.

Financial crisis not over, warns Bank of England

Rebecca Atkinson — Tue, 10 Jun 2008 16:48:21 +0100

The Bank of England is looking at ways to help cash-stricken banks borrow money and stop firms from taking risks that could potentially leave their customers exposed.

Northern Rock deal smells fishy to me

Rebecca Atkinson — Fri, 06 Jun 2008 11:26:25 +0100

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