Posts Tagged ‘savings’

Northern Rock takes another step to independence

Following extensive consultation with the Financial Services Authority, the UK government has announced that its retail savings guarantee for Northern Rock can be released.

Barclays acquires Standard Life Bank for £226m

Barclays Bank has agreed to purchase the banking arm of Standard Life plc for £226 million, which it will pay in cash upon completion.

Farepak customers to receive pay-outs

The joint liquidators of failed Christmas savings scheme Farepak have announced that thousands of victims will get some money back, three years after the firm went bust.

Speedier savings compensation

The FSA has announced new rules for the FSCS, which will ensure more small businesses and individuals – with savings up to £50,000 – receive quicker compensation.

Northern Rock to be split into two

The publicly-owned bank Northern Rock has announced that it will be split into two later this year, nearly two years after it was rescued from collapse.

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Posts Tagged ‘savings’

Northern Rock takes another step to independence

Barclays acquires Standard Life Bank for £226m

Farepak customers to receive pay-outs

Speedier savings compensation

Northern Rock to be split into two

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