Finance Articles


Darling: '£100K of your savings protected'

Home  Sep, 2007

Darling: '£100K of your savings protected' - Alistair Darling has promised learn lessons of Northern Rock with new £100k safety net for ordinary savers stricter rules for banks Investors see Rock takeover hopes fade - Shares Northern Rock fell another 27p an all-time low of 167p as traders decided that any chance of conventional takeover bid had all but disappeared



Darling: '£100K of your savings protected'  [09/24/2007 01:17 PM]
Alistair Darling has promised to learn the lessons of Northern Rock with a new £100k safety net for ordinary savers and stricter rules for banks
Investors see Rock takeover hopes fade  [09/24/2007 01:17 PM]
Shares in Northern Rock fell another 27p to an all-time low of 167p as traders decided that any chance of a conventional takeover bid had all but disappeared
Market report: Monday latest  [09/24/2007 01:17 PM]
09:45The world's biggest mining company, BHP Billiton, is hoping to capitalise on the high price of gold, which was trading on Friday at its highest for almost 28 years
Booming Arsenal UK's richest club  [09/24/2007 01:17 PM]
Arsenal today revealed their status as Britain's richest football club following figures released this morning which show turnover at more than £200m
Barclays cuts credit card limits  [09/24/2007 01:17 PM]
Half a million Barclaycard customers have had their spending limits cut amid growing signs of a crackdown on consumer credit
Credit crunch could dent growth  [09/24/2007 01:17 PM]
Economic growth next year will be the weakest since 1992 as the credit crunch takes its toll on housing, investment and consumer spending
New-build buy-to-let warning  [09/24/2007 01:17 PM]
Potentially disastrous, and possibly fraudulent, buy-to-let borrowing exists on an unknown scale in the books of mortgage banks, according to surveyors and lenders
A to Z of the Sunday newspapers  [09/24/2007 01:17 PM]
Here's our summary of what the Sunday papers are reporting from the world of finance and business
Executive pay rises twice the average  [09/24/2007 01:17 PM]
Executive salaries grew at almost double the rate of the average worker in 2006, a report reveals
Government should do more on floods  [09/24/2007 01:17 PM]
In a forthright attack, insurance boss Stephen Haddrill criticises the Government for failing to tackle the floods threat
M&S suffers in credit fallout  [09/24/2007 01:17 PM]
Marks & Spencer shares dropped to their lowest level for 15 months last week amid concerns that the credit crunch may wreak havoc with consumer confidence
Top firms face audit time-bomb  [09/24/2007 01:17 PM]
A looming crisis faces British business, with auditors reluctant to sign off year-end accounts for fear that banks will call in loans amidst the credit crunch
First direct enters charges battle  [09/24/2007 01:17 PM]
First direct is the latest bank to overhaul its rates in the run-up to an Office of Fair Trading case against several institutions next year
Northern Rock sale 'too risky'  [09/24/2007 01:17 PM]
Hopes for a takeover of Northern Rock faded this weekend as experts said the crisis-stricken bank would not attract commercial buyers and would have to be rescued by the Government
Property boom trebles £1m-plus homes  [09/24/2007 01:17 PM]
The effect of the property boom has been revealed by a new report showing that the number of homes selling for more than £1m has almost trebled over the past five years
Government should do more on floods  [09/24/2007 01:17 PM]
In a forthright attack, insurance boss Stephen Haddrill criticises the Government for failing to tackle the floods threat
BAA boss takes on airlines  [09/24/2007 01:17 PM]
Stinging criticism of the UK's airports has sparked the boss of BAA to threaten to name 'real culprits' behind delays that plague air passengers
The billionaires too poor for Forbes rich list  [09/24/2007 01:17 PM]
The new Forbes 400, celebrating America's richest, shows that you need to be worth at least $1.3bn (£648m) to get in this year
Abbey under fire for 125% mortgage  [09/24/2007 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
'62% of broadband runs at half speed'  [09/24/2007 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
Can the stuttering Chancellor show he's fully in command?  [09/24/2007 01:17 PM]
The crisis at Northern Rock, the first full-scale run on a British bank since the 19th century, clearly shook the self-assurance of Alistair Darling
Why panic was sensible in the Rock debacle  [09/24/2007 01:17 PM]
No one is emerging unscathed from the blood-letting in financial markets - except, of course, the architect of Britain's failing frontline defence
Hetherington: Cold comfort over fate of Foster's farm  [09/24/2007 01:17 PM]
Every week, Tony Hetherington replies to readers' letters, adding comments, advice and the results of his enquiries.
Why are customers always the last to know?  [09/24/2007 01:17 PM]
The Bank of England and the Financial Services Authority knew as long ago as August 14 that Northern Rock was in trouble. So why did they allow the bank to take money from savers?
Dr Feelgood and the City junkies  [09/24/2007 01:17 PM]
Well, the whining junkies of Wall Street got what they wanted - a bumper fix of their favourite narcotic, low interest rates
Homeserve plans for US excite City  [09/24/2007 01:17 PM]
Financial Mail's top stock picker runs the rule over firms that repair boilers and hips.