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Northern Rock

Your profession

Former FSA retail chief says RDR deadline 'feasible but tight'

Clive Briault, the former MD of the FSA's retail business, says it could be tough for adviser firms to meet the 2012 RDR implementation deadline, especially if they have not started preparations already.

clock 17 December 2009 •

Mortgages

Treasury to split Northern Rock next year

Northern Rock will be split in two as part of a restructure, the Treasury has confirmed.

clock 08 December 2009 •

Economics / Markets

Brown urges business leaders to back Tobin tax - papers

Gordon Brown will take his radical proposal to tax City trading to Britain's business leaders today, as a survey shows more than half of voters would back the plan if the proceeds went to help the poorest in society.

clock 23 November 2009 •

Your profession

RBS reports losses of £1.5bn - papers

Royal Bank of Scotland reports third quarter losses of £1.5bn following a near tripling of its bad debts write-offs between July and September.

clock 06 November 2009 •

Protection

Planet Insurance

In September the Financial Ombudsman Service (FOS) published company specific complaints data for the first time while the ABI has published company aggregated data.

clock 02 November 2009 •

Distributors

EU set to approve Northern Rock split

The European Union is set to give the go-ahead for Northern Rock to be split into two, clearing the way for a partial sale.

clock 28 October 2009 •

Economics / Markets

Financial sector returns to growth - papers

Financial firms may be recovering, with business volumes growing for the first time in two years, a survey has shown.

clock 05 October 2009 •

Economics / Markets

Britain to make 'stronger' exit from recession - papers

Britain's emergence from recession in 2010 will be stronger than previously thought, according to the International Monetary Fund (IMF).

clock 01 October 2009 •

Industry

Call for Northern Rock to be remutualised

The Government should turn Northern Rock back into a mutual to avoid a repeat of the credit crunch, according to the Building Societies Association (BSA).

clock 28 September 2009 •

Your profession

L&G prepares Resolution approach defence doc - papers

Legal & General has prepared a defence document to ward off an unwanted takeover approach from Clive Cowdery's Resolution vehicle.

clock 28 September 2009 •
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