Nationalisation Of Northern Rock reviews news and information

EU competition regulators on Wednesday approved the state aid contained in plans to break up and sell nationalised bank Northern Rock in the wake of the global financial crisis.

Northern Rock mortgages top best-buy tables after rate cuts

Wednesday 28th of July 2010 03:34:58 PM
Posted by admin / Under Nationalisation Of Northern Rock

Nationalised bank Northern Rock has cut its mortgage rates for the third time in three weeks, pushing it to the top of the best buy tables.

FT.com- Government urged to mutualise Northern Rock

Wednesday 28th of July 2010 03:34:58 PM
Posted by admin / Under Nationalisation Of Northern Rock

The government is being urged by building societies to look at returning Northern Rock, the nationalised bank, to the mutual sector when it is sold off. The Building Societies Association said a new report points to a strong case for converting troubled banks into mutual organisations. ... One half is due to be sold in the coming year.

Northern Rock makes hefty losses

Wednesday 28th of July 2010 03:34:58 PM
Posted by admin / Under Nationalisation Of Northern Rock

Losses at nationalised bank Northern Rock rise by a quarter to �724m amid mounting losses on its mortgage loans.

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