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A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Nationalised UK bank Northern Rock was allowed to lend £800m (€851.3m) in high-risk mortgages for six months after being placed on life-support with billions from the British taxpayer, the UK's public spending watchdog has said.
Fri, 20 Mar, 2009
Virgin warned today that job losses are likely at Northern Rock if it wins control of the stricken bank.
Wed, 06 Feb, 2008
Virgin warned today that job losses are likely at Northern Rock if it wins control of the stricken British bank.
Shares in Northern Rock surged today as bidders finalised their proposals for the crisis-hit mortgage lender.
Mon, 04 Feb, 2008
The UK government’s deadline for rescue bids for crisis-hit mortgage lender Northern Rock expires today with a trio of possible deals on the table.
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