Darling sees way out of venture saga
The chancellor’s main problem now is how to handle the disposal of the ‘good’ bank, with its branch network, depositors, secure mortgages and loyal base in the north-east
Northern Rock nationalisation
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The nationalisation of Northern Rock has angered shareholders and shocked the private bidders who hoped to take over the stricken lender
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Northern Rock accelerates mortgage lending
The state-owned bank loaned £1bn for new mortgages in the three months to the end of September but said the housing market remained ‘subdued’
Darling rules out pre-election Rock sale
Nationalised bank to be split in two
Swedish model provides hope
Vindication for model UK is emulating
Brussels set to pass Northern Rock plan
Way cleared for break-up and sale
Government urged to mutualise Northern Rock
Building societies say bank should be returned to mutual sector
Related content and features
Comment and Analysis
Chilling plausibility of bank’s ‘war game’
The holes in the UK’s strategy for dealing with the potential collapse of a big financial institution became glaringly apparent in late 2003
Overview casts cloud on chancellorship
Gordon Brown is spared a name-check in the national auditor’s scathing account of the nationalisation of Northern Rock, but the report will nevertheless deal a heavy blow to his legacy as chancellor
The Rock is a dangerous laboratory for bank policy
Having spent the best part of the past year reversing at high speed, the nationalised lender is now driving back into the mortgage market – but with Alistair Darling and Gordon Brown at the controls
State-controlled banks are set on a confusing course
If you’re going to slag off bankers, at least pick the right bankers. Political and media fury over bonuses for staff at Northern Rock hit the wrong target
