Financial Times FT.com

'A bunch of spivs ran it into the ground'

By Andy Bounds in Bingley

Published: September 30 2008 03:00 | Last updated: September 30 2008 03:00

Cherished certainties were being overturned on Main Street, Bingley, home of the Bradford & Bingley bank yesterday. As for neighbouring Thrift Way, that may need renaming.

Residents of this small market town of 29,000, dominated by Bradford & Bingley's two headquarters buildings, can scarcely believe how the 157-year-old institution effectively collapsed over a weekend.

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