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Northern Rock Is Nationalised - What Does This Mean ?
The UK government took the unexpected and controversial move to nationalise Northern Rock. What does this mean for shareholders, depositors and mortgage customers ?
Northern Rock - Shareholders Are Not Seduced By Virgin
Sir Richard Branson of the Virgin Group is the UK government's preferred bidder for Northern Rock. But he is facing hostility from shareholders.
Why Did Northern Rock Call in the Bank of England ?
The rescue of Northern Rock plc by the Bank of England indicates the serious repercussions of the subprime mortgage crisis. The high levels of consumer debt are also being questioned.
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