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...
Granted leave to appeal the judgement
All managers will move to Charles Stanley
£105,000 worse off
'Gap between value and price as wide as I have ever seen'
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
Adding to 67 firms
£5m in tax receipts