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...
More on Companies
!["[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'
More news
Sandford DeLand preps UK Buffettology Smaller Companies IPO
UK Buffettology Smaller Companies investment trust
FCA tells financial firms to work from home as pandemic rumbles on
Follows govt advice
Two weeks to go until PA360 Digital
7, 8 and 9 October
Impending reviews to serve FCA 'difficult food for thought' as Randell promises action
The chair of the Financial Conduct Authority (FCA) Charles Randell has promised to “transform” the regulator in the wake of three separate financial scandals, independent reviews of which are set to be completed soon and are expected to provide “difficult...
