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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Rock to end 100% savings guarantee
The UK government is set to end the gold-plated scheme that protects 100% of deposits for customers of nationalised bank Northern Rock
N Rock game for extra time at Newcastle
Sponsorship deal worth a potential £10m
N Rock shares are deemed valueless
Shareholders not entitled to any compensation
Northern Rock accelerates mortgage lending
State-owned bank loans £1bn in past three months
Darling rules out pre-election Rock sale
Nationalised bank to be split in two
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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
