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Alliance & Leicester plc

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A hard Rock for Branson to climb

24.10.11
So Sir Richard Branson may finally be about to get his hands on Northern Rock. It has been a long time coming. The bearded entrepreneur - or at least the people he has running his financial services arm - has had to wait four years to get this close again... more

Santander slips back

28.04.11
Profits at Santander UK, which bought Alliance & Leicester and much of Bradford & Bingley during the financial crisis, fell 3% in the past three months as it was forced to hold an extra £30 billion of liquid assets to meet tougher regulation... more

UK float may be put on hold at Santander

20.01.11
Santander may delay floating its British operations until the second half of the year following big management changes at the business... more

We can fight back against banks' customer disservice

29.04.10
Comment: The Financial Services Authority’s devastating report into how badly our big five banks handle their customers should come as no great surprise... more

‘Bad banks’ Northern Rock and Bradford & Bingley to merge

09.04.10
Northern Rock and Bradford Bingley - the so-called “bad banks” that collapsed in the financial crisis - are to be merged... more

Santander could float British businesses to buy bank

08.02.10
Spain’s Santander may consider a flotation of its British businesses, Abbey, Alliance & Leicester and Bradford & Bingley... more

Santander profits leap in challenge to rivals

04.02.10
Santander UK said its profits soared by more than 30% last year as it carved out a bigger share of the mortgage and current-account markets in this country... more

Lending up as Abbey rakes in the money

29.07.09
Abbey, the Spanish-owned bank which swallowed up Alliance & Leicester and parts of Bradford & Bingley, saw its profits jump more than 30% in the first six months of the year... more

Three big banking names to be wiped off the high street

27.05.09
Three of Britain’s best known banking names — Abbey, Bradford & Bingley and Alliance & Leicester — are to be scrapped... more

Abbey surges as customers manage their money better

29.04.09
Abbey surprised the banking industry by reporting a significant decline in the amount it put aside for bad debts in the first three months of the year ... more

Santander’s £8.3bn profit despite Madoff investment

28.01.09
Santander, the Spanish bank that owns Abbey, Alliance & Leicester and the branch network of Bradford & Bingley, was forced by a Madrid watchdog to rush out its 2008 profit figure... more

Buyers use bank of mum and dad as cheaper mortgage deals dry up

14.01.09
Nearly eight out of 10 first-time buyers in London are being forced to ask their parents for money for deposits, research shows... more

City watchdog shows its teeth with record number of fines

24.12.08
Regulation: The Financial Services Authority has imposed a record number of fines this year, with mortgage fraud high on the list of offences targeted... more

Deal activity 'may fall by 30% in 2009'

08.12.08
Banking: Next year will be the slowest for corporate takeovers and mergers since 2004, investment bankers say... more

Time to act together on rates

07.10.08
A cut by the MPC acting on its own, though welcomed, would quickly be forgotten in the current market climate... more

B&B shares at a record low after new £134m writedown

25.09.08
Bradford & Bingley shares fell to an all-time low as the bank revealed it has taken another £133.8 million hit on its subprime and credit crunch-related investments... more

B&B lifted by new hopes of takeover

22.09.08
Banking: Fears were growing for the independent future of Bradford & Bingley as it appeared unlikely that there would be an immediate rescue bid for the £400million buy-to-let lender... more

£2.25m payday for new man at struggling B&B

18.08.08
Richard Pym, who has been parachuted in as the chief executive of troubled bank Bradford & Bingley, will be paid a guaranteed £2.25 million for the next 10 months' work... more

Comment: Customers will be hit with higher charges

30.07.08
The instinctive reaction of many people on hearing of falling bank profits will be to cheer. Overpaid so-and-sos, they've had it far too easy for too long, ripping us off, closing branches, blah blah... more

It's a crying shame about Yell

24.07.08
When Yell was floated by its private-equity backers not all that long ago, it was fashionable for companies to have as much debt on their balance sheet as they could possibly support because that was the way to maximise the returns to shareholders. ... more

Investors smiling on hopes of £12bn deals bonanza

14.07.08
Shareholders were licking their lips over a raft of possible takeover action as actual and rumoured deals totalling almost £12 billion hit dealers' screens... more

Heavyweight in A&L chair

09.07.08
Mortgage lender attempts to distance itself from the woes of other former building societies... more

A&L 'strong' despite new £192m credit crunch hit

13.05.08
Mortgage bank took another hit from the credit crunch but has yet to see any borrower distress... more

Home loans sting as rate is cut

10.04.08
The Bank of England has cut its base rate by 0.25 per cent to 5 per cent to stop the economy's slide toward recession... more

Lenders lift their rates despite cut by the Bank

10.04.08
Two of Britain's biggest mortgage lenders defy BoE by raising interest rates hours before cut... more

Banks cheat by raising home loans

09.04.08
Britain's biggest mortgage lenders were accused of cheating borrowers today after two raised their mortgage rates despite an expected Bank of England cut... more

Why interest rate cuts just don't work any more

21.02.08
It all used to be so simple. The Bank of England's monetary policy committee set its interest rate, and all the others fell into line. A fortnight ago, the MPC duly pulled the rate-cut lever, and signalled easier credit... more

A&L dives as profits tumble

20.02.08
Shares in Alliance and Leicester have slumped to their lowest point since they listed on the stock market 11 years ago.... more


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