House price falls threaten Northern Rock loan repayments

Wednesday, 21 May 2008

Falls in house prices of as little as 5 per cent a year could put a strain on Northern Rock's plan to pay back the Bank of England's loans and shed its Government guarantees, the nat-ionalised lender's management said yesterday.

Sharp increase in mortgage arrears at Northern Rock

Tuesday, 13 May 2008

Northern Rock revealed yesterday that the number of mortgage borrowers in arrears has increased sharply since the bank was nationalised, as tougher economic conditions bite.

Hedge fund SRM leads legal fight over Rock deal

Friday, 9 May 2008

SRM, the hedge fund that was Northern Rock's biggest shareholder, has joined forces with 150,000 small investors to mount a legal action against the Government over the nationalisation of the stricken bank.

Rock shareholders call for inquiry into leak

Friday, 2 May 2008

Northern Rock shareholders are demanding a public inquiry into the dramatic leaking last September of the stricken lender's pleas for emergency funding from the Bank of England. Small investors in the bank say the way in which the mortgage lender's troubles came to light played a major part in its subsequent collapse and was in stark contrast to the tight secrecy surrounding the Bank's current liquidity operation to prop up the banking system.

City firms turn down Rock arbitrator role

Sunday, 27 April 2008

Northern Rock 'close' to decision on job cuts

Friday, 25 April 2008

Northern Rock is close to submitting a plan expected to outline 2,000 job cuts to the Government, the bank's chairman said today.

Rock shareholders lodge £2bn compensation claim

Thursday, 24 April 2008

Small shareholders seeking £2bn in compensation following the nationalisation of Northern Rock have applied for a judicial review into the terms of the Government's takeover of the troubled lender that they allege are "deliberately rigged" to give them nothing.

Ministers pressured to reveal Northern Rock losses

Sunday, 6 April 2008

The Government is coming under mounting pressure to come clean over the level of losses Northern Rock is expected to make during the next four years of public ownership.

Northern Rock ushers its customers to the exit

Sunday, 6 April 2008

Nationalised bank Northern Rock has said that it aims to repay its £24bn debt to the Bank of England by 2010 and no later.

Brussels investigates Rock support

Thursday, 3 April 2008

The European Commission has launched an inquiry into the UK Government's support for Northern Rock to ensure that the nationalised bank does not have an unfair advantage over rivals.