Finance Articles


Northern Rock value cut by £2bn in a week

Home  Sep, 2007

Northern Rock value cut by £2bn week - Shares Northern Rock took another roller-coaster ride, rallying further Treasury backing then collapsing once more as bid hopes faded King defence sparks Brussels row - Mervyn King's attempts blame Northern Rock fiasco botched legislation came under fire from European authorities last night



Northern Rock value cut by £2bn in a week  [09/21/2007 01:17 PM]
Shares in Northern Rock took another roller-coaster ride, rallying on further Treasury backing then collapsing once more as bid hopes faded
King defence sparks Brussels row  [09/21/2007 01:17 PM]
Mervyn King's attempts to blame the Northern Rock fiasco on botched legislation came under fire from European authorities last night
Market report: Friday latest  [09/21/2007 01:17 PM]
12:00Oil - where it is and how to get it - was the focus of the market today, as BG Group set an upbeat mood for the sector with positive news from Brazil
£1 litre looms as oil prices hit new highs  [09/21/2007 01:17 PM]
Oil prices surged to new highs yesterday with storm clouds over the Gulf of Mexico leading to a production cut.
'62% of broadband runs at half speed'  [09/21/2007 01:17 PM]
Most internet users are being misled by their broadband providers, it was claimed today, with 62% of broadband connections running at half speed
Crackdown on inheritance tax 7-year gifts  [09/21/2007 01:17 PM]
The taxman has launched a crackdown on families who use the seven-year gift rule in a bid to reduce inheritance tax
Savers flock to 'safer' B&B  [09/21/2007 01:17 PM]
Bradford & Bingley has benefited from a wave of consumers looking for banks with relatively small amounts of loans on their books
250,000 woman lodge sex bias claims  [09/21/2007 01:17 PM]
The number of women taking employers to court claiming unfair pay has risen to a record level,with cases piling up so quickly the system cannot cope
London stamp duty rises 807% in 10 years  [09/21/2007 01:17 PM]
First-time buyers in London face a crippling stamp duty tax bill of £7,898 on average, an increase of 807% since 1997, figures reveal today
Postal workers to strike again over pay  [09/21/2007 01:17 PM]
Postal workers will strike again next month as their bitter dispute with the Royal Mail drags on
Supermarkets 'colluded to fix dairy prices'  [09/21/2007 01:17 PM]
Britain's biggest supermarkets were today accused of running a massive cartel over the price of milk, cheese and butter
Abbey under fire for 125% mortgage  [09/21/2007 01:17 PM]
High Street mortgage lender Abbey has been accused of fuelling debt by launching a new 125% mortgage plunging borrowers into instant negative equity
Fear of property slump as mortgages fall  [09/21/2007 01:17 PM]
Fears of a painful slowdown in the housing market grew today as the credit crunch spilled over into the wider economy with mortgages tumbling in August
Treasury limits Northern Rock guarantee  [09/21/2007 01:17 PM]
Northern Rock's future looked even shakier as the Government said its guarantee to savers would only apply to existing accounts set up before midnight last night
'Biggest petrol duty rise in 8 years'  [09/21/2007 01:17 PM]
Motorists face the biggest rise in fuel duty since March 2000, the AA warned today
Sainsbury's poised to fall to Qatari bid  [09/21/2007 01:17 PM]
J Sainsbury looks certain to fall into foreign ownership after the board and the founding family indicated they would accept a £10.5bn offer from the Qatari bidders
TV network takes on iTunes on downloads  [09/21/2007 01:17 PM]
US television network NBC has launched an assault on iTunes by offering a new avenue to directly download episodes of its shows free
Credit crunch: King saves job... for now  [09/21/2007 01:17 PM]
Mervyn King may have done enough in his Commons testimony to end the immediate speculation about his future
30 second guide to... Market Abuse Directive  [09/21/2007 01:17 PM]
The Daily Mail's City desk considers the regulation at the heart of Bank of England governor Mervyn King's defence
Don't bank on cheaper mortgages  [09/21/2007 01:17 PM]
Even if the official bank rate comes down, homebuyers should not count on the benefit being passed on to them