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Northern Rock plc

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Rock predicts it will be in good shape for sell-off

04.11.09
Northern Rock, the bailed-out mortgage and savings bank, today said it would be “well capitalised and highly liquid” and back on the route to profitability when the Government sells it off ... more

The Kroes UK’s banks have to bear

04.11.09
The High Street is about to undergo radical change… all thanks to a feisty woman in Brussels ... more

For sale: Three UK banks surplus to requirements

03.11.09
Banking analysis: The Government wants to create three new High Street banks to increase competition in the UK - and today it finally became clear what these banks might look like... more

It’s time for Thiam to make his mark on Pru

03.11.09
... more

Biggest bail-out ever for banks

03.11.09
Latest: Biggest bail-out yet of British banks agreed despite evidence that small firms are still being denied the credit they desperately need to survive the recession ... more

'Lehman Sisters' would crash too, says top adviser

03.11.09
Gordon Brown's independent adviser on the City today rejected Harriet Harman's claim that the financial crisis would not have happened if women had been in charge of banks.... more

RBS shares in a tumble as it feels the pain of break-up

02.11.09
Shares in Royal Bank of Scotland tumbled by as much as 17% today after it admitted its break-up ordered by European regulators will be more painful than feared ... more

Comment: More car boot sale than glamorous auction

02.11.09
Does the European Commission watch Strictly Come Dancing? Because if they did, they might appreciate the two steps forward, one step back nature of what is actually being imposed on the UK this week d ... more

Banks bruised by break-up moves

02.11.09
The banks faced another harrowing sell-off session following weekend moves by the Government to start hiving off bits and pieces of Lloyds Banking Group, Northern Rock and Royal Bank of Scotland in order to appease the EU regulators ... more

There’s more to business than money

02.11.09
... more

Buyers line up for quick £1.5bn sale of Northern Rock's 'best bits'

28.10.09
Northern Rock, the bank which triggered the financial crisis in Britain, could be sold before the general election in the biggest shake-up of the banking system for years... more

Northern Rock sale ‘delayed’ as buyers wait for general election

28.10.09
Government hopes of selling Northern Rock before the general election looked doomed amid signs potential bidders will wait until after polling day ... more

Baroness Scotland changes her tune...

05.08.09
Raised eyebrows in the Treasury at the interview with Baroness Scotland, the attorney-general, in the Financial Times. She is keen to get across just how determined she is to crack down on financial crime ... ... more

The lunatic lending that landed bank in this mess

04.08.09
When Northern Rock crashed, some commentators tried to say: "I told you so." They claimed they predicted the Newcastle-based bank would hit trouble and might ultimately fail... more

Northern Rock borrowers cost bank £725m as prices collapse

04.08.09
Full extent of Britain's sub-prime mortgage crisis was shown as Northern Rock announced losses of almost £725million... more

We must cut excessive pay in the public sector

04.08.09
If we want to know how public spending mounts up, we can get some insight from the pay of police and doctors... more

Northern Rock posts £724m loss

04.08.09
Government-owned lender Northern Rock - which was taken into public ownership in February 2008 - reports a half-year loss of £724.2 million just a day after HSBC and Barclays announce £3bn profits... more

Investors put new cash into RAB funds

29.07.09
RAB Capital, the hedge fund manager which lost a fortune on Northern Rock, is starting to see new cash coming into its coffers ... more

Northern Rock ex-holders are again denied their cash claim

28.07.09
Former shareholders in Northern Rock failed in their second legal attempt to force the Government to pay them hundreds of millions of pounds compensation after the bank was nationalised two years ago ... more

Rock holders step up shares battle

10.06.09
Angry shareholders in Northern Rock returned to court to step up their fight for compensation following last year’s nationalisation of the failed bank ... more

Mortgage arrears leap triggers more Rock losses

23.04.09
Taxpayer-owned bank Northern Rock today admitted it will post a “substantial loss” this year as the number of customers struggling with mortgage payments soars... more

Chancellor sets new rules to return banks to savers

17.04.09
Chancellor Alistair Darling is set to call for stronger regulation of mutually owned banks and building societies alongside next week's Budget as he looks at new ways to return nationalised banks into private hands... more

Brown 'ignored 2004 warning on bank cash crisis'

20.03.09
Gordon Brown came under fire as it emerged that he failed to act on a warning about a gaping hole in emergency planning to cope with a banking crisis... more

Accountability in action on Rock

20.03.09
It's quite easy to be cynical about our democracy, but on days like today things happen to restore your faith in it... more

Northern Rock troubleshooter billed taxpayer for £173,000 expenses

03.03.09
The troubleshooter brought in by the Government to run Northern Rock cost the taxpayer £173,000 in expenses last year as she travelled between her home in Switzerland and the UK... more

Repossessions soar as Northern Rock announce £1.4bn losses

03.03.09
Repossessions by nationalised lender Northern Rock soared by 63% last year, while the stricken lender also confirmed pre-tax losses of £1.36bn for the year... more

£9.9bn for societies in flight from banks

02.03.09
Economy: More than a million new building society accounts were opened last year as savers continued to shift their money away from banks following the collapse of Northern Rock... more

Rescued Northern Rock to pay 500 bonuses

23.02.09
Northern Rock has sparked a new bonus row by insisting it would reward 500 executives despite making huge losses... more

Spin row over Rock’s ‘£14bn lending’

23.02.09
Banking: Northern Rock has been caught up in a row over Government spin after the Treasury admitted the bank may not lend as much as the £14 billion suggested over the next two years... more

Northern Rock to revive mortgage lending

23.02.09
An additional £14 billion in mortgage lending by nationalised Northern Rock will be announced today as part of a new wave of government measures to tackle the economic crisis... more

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