Virgin Money: The birth of a mortgage lender
The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines.
The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines tomorrow.
The "bad bank" - or Northern Rock Asset Management's mortgage book - is yet to be sold, so the losses are probably overstated, but the deal feeds £747m back to government coffers and creates a big, shiny...
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!["[Rothesay Life] is a relatively new entrant without an established reputation in the business" - Justice Snowden](/api/v1/wps/fdfdab1/74bbddac-a2e8-4dbf-b109-9d617065409a/2/high-court-london-2-230x142.jpg "\"[Rothesay Life] is a relatively new entrant without an established reputation in the business\" - Justice Snowden")
Court blocks £12bn annuity transfer from Prudential to Rothesay Life
Granted leave to appeal the judgement
Charles Stanley buys Leeds-based Middleton Croft
All managers will move to Charles Stanley
£100,000 pensions gap for women in part-time work
£105,000 worse off
Woodford promises 'much more liquid portfolio' when Equity Income fund re-opens
'Gap between value and price as wide as I have ever seen'
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Less than half of well-known banks beat BoE interest rate for savers
15 failed to pay more than BoE
Sustainable Festival: UN's Mulder says asset owners must take nature-based investment more seriously
Investment gap must be closed
Three receive CISI's Accredited Financial Planning Firm status
Adding to 67 firms
IHT receipts up 54% year-on-year in April and May
£5m in tax receipts
