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Bank of England

Investment

Northern Rock collapse sparks compensation clamber

Savers are demanding an increase in the level of compensation paid in the event of a bank going bust, research suggests.

clock 24 September 2007 •

Your profession

BoE papers 'hint at £2.9bn Northern Rock loan'

Weekly balance sheets released by the Bank of England (BoE) may reveal the size of an emergency loan supplied to Northern Rock, an economist suggests.

clock 21 September 2007 •

Mortgages

Northern Rock crisis worsened by regulation - King

Mervyn King, governor of the Bank of England, says legislation and regulation have made the crisis in the banking industry more difficult to deal with.

clock 20 September 2007 •

Your profession

BoE in £10bn money market U-turn

The Bank of England has done a U-turn by injecting £10bn into the money markets to lower three-month inter-bank interest rates.

clock 19 September 2007 •

Mortgages

Homeowners would not sell if prices fall - BSA

Most homeowners would not consider selling their property if house prices were to fall, and some would even consider buying more property, according to a report from the Building Societies Association (BSA).

clock 18 September 2007 •

uncategorised

Northern Rock takeover likely-papers September 17

An attempt to organise a takeover of Northern Rock was underway last night, according to The Times , as regulators, government and bank officials sought to rescue Britain's fifth largest mortgage lender before panic among its customers leaves it beyond...

clock 17 September 2007 •

Your profession

Base rate rises possible - Abbey

A further rise in UK interest rates is possible this year if the risks of inflation remain on the upside, according to Abbey International.

clock 17 September 2007 •

Mortgages

Lending quality not a problem - CML

Illiquidity in credit markets is the major issue facing lenders rather than lending quality, according to the Council of Mortgage Lenders (CML).

clock 14 September 2007 •

Mortgages

House price growth continues to slow

House prices in England and Wales are growing at their lowest rate since July 2006, according to the Land Registry.

clock 29 August 2007 •

Your profession

Mystery institution bailed out by BoE

The Bank of England has given a loan of £314m to an unidentified party via its standing lending facility it was announced today.

clock 21 August 2007 •
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