Finance Articles


Banks bounce back but savers still pull out

Home  Sep, 2007

Banks bounce back but savers still pull out - Shares Northern Rock bounced back today as £4.4bn was pumped into financial markets by Bank of England, but may not be enough stop savers pulling cash Chancellor guarantees Northern Rock cash - The Chancellor Alistair Darling has said that every penny of Northern Rock savers' cash will be guaranteed by Government Bank of England if necessary



Banks bounce back but savers still pull out  [09/18/2007 01:17 PM]
Shares in Northern Rock bounced back today as £4.4bn was pumped into the financial markets by the Bank of England, but it may not be enough to stop savers pulling cash
Chancellor guarantees Northern Rock cash  [09/18/2007 01:17 PM]
The Chancellor Alistair Darling has said that every penny of Northern Rock savers' cash will be guaranteed by the Government and Bank of England if necessary
Market report: Tuesday latest  [09/18/2007 01:17 PM]
12:00While the Government waits to see if its action to calm fears over Northern Rock has reassured savers, the markets clearly welcomed Alistair Darlings guarantee to underwrite deposits
Consumer price inflation falls  [09/18/2007 01:17 PM]
Consumer price inflation fell further than expected to 1.8% in August - its lowest level in more than a year
Anxious savers turn to National Savings  [09/18/2007 01:17 PM]
National Savings and Investments products have seen a flood of investment since the Northern Rock crisis hit headlines on Friday
Half of Northern Rock savers to pull cash  [09/18/2007 01:17 PM]
Nearly six out ten of Northern Rock savers are planning to withdraw their money, This is Money can reveal
iPhone to cost callers £720  [09/18/2007 01:17 PM]
Apple's long-awaited iPhone launches in the UK today - but it won't come cheap. Buyers will have to commit to paying up to £720 over two years
Arsenal are world's second richest club  [09/18/2007 01:17 PM]
Arsenal total turnover has rocketed to nearly £200m to leave them trailing only Real Madrid for the title of the world's richest club
Microsoft appeal over 'abuse' is thrown out  [09/18/2007 01:17 PM]
Microsoft today suffered a stunning defeat when the courts backed a European Commission ruling that it illegally abused its market power to crush competitors
Water bills set to rise  [09/18/2007 01:17 PM]
More than a million people could see their water bills increase after two firms moved to push up prices
Housing market 'is heading for a fall'  [09/18/2007 01:17 PM]
One of the world's leading financial gurus, Alan Greenspan, has warned UK homeowners that the market has 'got to turn'
More banks told to prove they are safe  [09/18/2007 01:17 PM]
Exclusive:Mortgage lenders have been ordered to prove they are solvent amid fears of a Northern Rock domino effect. The FSA has launched an investigation to discover which other banks could be toppled
Ming pledges tax raid on middle-class families  [09/18/2007 01:17 PM]
Sir Menzies Campbell opened the Lib Dems' annual conference with a pledge to 'hammer' up to two million middle-class families
Northern Rock: New Labour's blank cheque  [09/18/2007 01:17 PM]
The Chancellor and the Bank of England needed to do something dramatic if they were to prevent the Northern Rock crisis spreading further
Midas share tips: Goldenport rides high on Asia boom  [09/18/2007 01:17 PM]
Financial Mail's top stock picker has high hopes for Britain's only listed shipping company
Bad banks and bullies  [09/18/2007 01:17 PM]
This week we highlight two examples of corporate stupidity that have caused completely avoidable distress
BBC man told to get a new logo  [09/18/2007 01:17 PM]
Scott Huggins, who fronted home relocation series Get A New Life, has been criticised for marketing an investment scheme using the Corporation's logo