Gary Gibbon
Osborne’s Northern Rock sale is just the beginning
Our Political Editor looks at the banking assets that will still be on the Government books after the sale of Northern Rock – and the prospects for making a profit on them.
Search results for ‘northern rock’
255 items found
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Northern Rock rescue could cost taxpayer £2bn
The rescue of Northern Rock could end up costing the taxpayer £2bn, according to a report by the spending watchdog.
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Northern Rock sold to Virgin for £747m
Northern Rock will be sold to Virgin Money for an initial £747m, at an estimated loss of over £400m to the taxpayer. But the government insists it was the best deal on the table.
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Northern Rock announces reduced losses
Northern Rock announces reduced losses of £78.8m for the first six months of 2011 compared to losses of £140m for the same period last year.
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Gary Gibbon
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Faisal Islam
Extraordinary news from another northern rock
As Iceland’s president refuses to sign a bill to compensate UK taxpayers for bailing out Icesave, Faisal Islam concludes that this is the mess created when a banking system outgrows a state’s capacity to support its liabilities.
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Faisal Islam
Northern Rock – a money bucket that never ends
News that the government is to extend another £12bn in loans to Northern Rock suggests the nationalised bank is a tool of government pump priming.
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Jon Snow
Unhappy returns to Northern Rock
Can it only be a year since Northern Rock disgraced the British financial system and collapsed under the weight of its own hubris and incompetence? Did we think then that it would prove the Northern tip of a very large iceberg indeed? Above and beyond anyone else I blame my own breed, we journalists, who…
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The great Northern Rock bank run
Across the country a run on Britain’s fifth largest lender after the Bank of England offers Northern Rock unlimited support.
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5m
Northern Ireland Protocol resolution ‘not rocket science’, says former Taoiseach of Ireland
‘This is not rocket science’ – the words of former Irish Taoiseach Bertie Ahern, and one of the architects of the Good Friday Agreement, on the current post-Brexit trade dispute over Northern Ireland. Pressure is building on the EU and the UK to solve the impasse over the Northern Ireland Protocol, the agreement that puts…
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Michael Crick
Would elected mayors ‘put the rockets’ on northern cities?
George Osborne has returned to that old favourite – elected mayors. A Heseltine old favourite, to be precise, developed during his period in the political wilderness.
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5m
‘Now they’re striking everywhere’ – inside Lebanon as Israeli rockets strike
Despite President Biden’s calls for restraint in his speech this morning, few here believe that anyone who matters in the Middle East is actually listening.
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4m
UN warns of ‘catastrophe’ as Hezbollah and Israel exchange rocket fire
The UN is warning of a ‘catastrophe’ in the Middle East and called for restraint on all sides.
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6m
Sinn Fein and DUP set out plans to lead Northern Ireland
Can Sinn Fein become Northern Ireland’s biggest party in Westminster even though they won’t take up their seats in the House of Commons?
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How drive for high tech space jobs in northern Scotland are dividing remote communities
Any day now final judgement is expected in Edinburgh on the first of three possible launch pads for space rockets in the Highlands and Islands of Scotland. The issue is divisive – bringing industrialists, crofters, bureaucrats and naturalists to court as planning permission for one project in Sutherland comes under judicial review. Credits: Lucia Walker…
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Brutality, betrayal and the Northern Irish borderlands
As Mr Lunney drove up the lane to his house, two cars boxed him in. He was abducted and taken across the border into the Republic of Ireland. There, he was tortured. Mr Lunney was left with “life-changing injuries”.
