Northern Rock savings guarantee to end

The 100% guarantee on savings deposits held with Northern Rock is to be lifted in three months, the British Treasury said today.

Northern Rock savings guarantee to end
Wed, 24 Feb, 2010 - 08:34

The 100% guarantee on savings deposits held with Northern Rock is to be lifted in three months, the British Treasury said today.

The removal of the cast-iron guarantee comes as the UK government prepares to return the nationalised bank to the private sector.

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CourtsBusinessPlace: UKPerson: City ministerPerson: Paul MynersOrganisation: Northern RockOrganisation: British TreasuryOrganisation: RockOrganisation: UK governmentOrganisation: British Government
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