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Staff were also losing Andrew Proctor, who had many supporters, and morale was at rock bottom. Looming on the horizon was the collapse of Northern Rock. Enter Ms Cole. Says one insider: "It's fair to say that she envigorated the department and gave it...
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Our debt comes from 2009/10 when the Brown government decided to spend our way out of debt. Or more accurately, spend our way to not allowing a recession to really kick in until after the election. Spending doubled again in just that year. Its why all...
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Richard Branson poses in a Newcastle United football jersey during a media conference as Virgin Money take over Northern Rock in Newcastle, northern England January 9, 2012. View Photo »
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Early crisis of the eurozone is still with us. How do we get back to stability? We need greater security for banks with a system where taxpayers aren't going to pay for them. Northern Rock was a very frightening episode. There has been a lot of soul-searching [in the banking sector]. Big well of trust [...
SOURCE: The Telegraph -
East Troy happened to be the first-place team in the Northern Rock Valley. The Big Foot team his Trojans destroyed happened to be the last-place team in the smaller Southern Rock Valley. In other words, the playing field — besides being tilted toward...
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Whitewater lost its first game without Shelbourn on Dec. 1 against Lake Mills, but went on to reel off 14 straight wins before a loss to East Troy last week. The Whippets, currently ranked No. 8 in the Associated Press’ Division 2 state poll, are now...
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However, for the sake of preserving sanity – in the year that marks the fifth anniversary since the collapse of Northern Rock, the start of the current downturn – it is worth reflecting on some of the more positive aspects of the commercial property...
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Virgin Money CEO Jayne-Anne Gadhia poses during a media conference as Virgin Money take over Northern Rock in Newcastle, northern England January 9, 2012. View Photo »
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In a year's time these investors could well have returned to them all the money they initially put down, owning Northern Rock outright.
SOURCE: The Northern Echo -
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NORTH East financial education programme has raised £4,800 for schools in the North East, and is now expanding into new areas. Last year, Northern Rock, now part of Virgin Money, launched Make £5 Grow in partnership with the Newcastle Education Business...
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Shahid launched her online training company, Inspired People Development, last summer and can already count the North East Ambulance Service (NHS Foundation Trust) among her clients. The Newcastle business provides bespoke training courses, filling a...
About Northern Rock
Wikipedia
Northern Rock plc is a British bank, currently under temporary ownership of the UK government. It is based at Regent Centre in Newcastle upon Tyne in North East England in the United Kingdom. Formerly the Northern Rock Building Society, the bank was formed in 1997 when the society floated on the London Stock Exchange, distributing shares to... Full Article
Related Photos
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Reuters Pictures
A general view of the Northern Rock's head office in Gosforth, northern England November 17, 2011. Britain has agreed to sell nationalized lender Northern Rock to Virgin Money, the banking arm of Richard Branson's Virgin empire, in a loss-making deal that marks the start of the...
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AP Photo
A woman walks past a branch of Northern Rock in the City of London, Thursday, Nov. 17, 2011. The British government said Thursday it is selling mortgage lender Northern Rock, the nation's first victim of the credit crisis, to Virgin Money, owned by billionaire Richard Branson's Virgin...
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Reuters Pictures
Pedestrians walk past a branch of the Northern Rock bank in the City of London in this February 23, 2009 handout photograph. The UK's Financial Services Authority, which is to be scrapped next year after presiding over a catalogue of scandals from mis-sold financial products, will then...
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AP Photo
People walk out of a branch of Northern Rock in London, Wednesday, Aug. 3, 2011. Britain's nationalized mortgage lender Northern Rock has reduced its losses and says it expects to turn a profit in the second half of the year ahead of a sale. The bank on Wednesday reported a first half...
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AP Photo
People walk out of a branch of Northern Rock in London, Wednesday, Aug. 3, 2011. The British Treasury said Thursday, Nov. 17, 2011 that Virgin Money is paying 747 million pounds ($1.2 billion) to buy mortgage lender Northern Rock, the nation's first victim of the credit crisis. (AP...
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Reuters Pictures
Richard Branson poses in a Newcastle United football jersey during a media conference as Virgin Money take over Northern Rock in Newcastle, northern England January 9, 2012.
View Photo » -
Reuters Pictures
Virgin Money CEO Jayne-Anne Gadhia poses during a media conference as Virgin Money take over Northern Rock in Newcastle, northern England January 9, 2012.
View Photo » -
Reuters Pictures
Richard Branson (2ndL) poses with Newcastle United players (L-R) Mike Williamson, Sammy Ameobi and Davide Santon during a media conference as Virgin Money take over Northern Rock in Newcastle, northern England January 9, 2012.
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Reuters Pictures
Pedestrians are reflected as they pass a branch of Northern Rock in the City of London, in this file picture taken March 9, 2011. Virgin Group head Sir Richard Branson confirmed that his company's financial division would examine possible bids for both nationalised UK bank Northern Rock...
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AP Photo
A member of the Northern Rock staff stands inside a branch of the bank in Newcastle, England, Thursday, June 16, 2011. Chancellor George Osborne has confirmed that the Government is to start selling off its massive banking assets - with a buyer being sought for Northern Rock. Osborne...
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AP Photo
A general view of a Northern Rock sign in Newcastle, England, Thursday, June 16, 2011. British Chancellor George Osborne has confirmed that the Government is to start selling off its massive banking assets - with a buyer being sought for Northern Rock. Osborne said Wednesday that he...
View Photo » -
AP Photo
A woman walks past a branch of Northern Rock, in Newcastle, England, Thursday, June 16, 2011. British Chancellor George Osborne has confirmed that the Government is to start selling off its massive banking assets - with a buyer being sought for Northern Rock. Osborne said Wednesday that...
View Photo » -
AP Photo
A passing motorcyclist reacts to the camera upon seeing pictures being taken outside a branch of Northern Rock in the City of London, Thursday, Nov. 17, 2011. The British government said Thursday it is selling mortgage lender Northern Rock, the nation's first victim of the credit...
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Reuters Pictures
A man speaks on a mobile phone outside a branch of Northern Rock bank in Newcastle, northern England November 17, 2011. Britain has agreed to sell nationalized lender Northern Rock to Virgin Money, the banking arm of Richard Branson's Virgin empire, in a loss-making deal that marks the...
View Photo » -
Getty Images
This combo of file pictures created on November 17, 2011 shows the logo of Northern Rock bank (top) on a branch in London taken on February 18, 2008 and the logo of Virgin (bottom) on the front of a Virgin Megastore on the Champs-Elysees Avenue in Paris taken on September 25, 2010. ...
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AP Photo
A member of the public is seen using a cash machine at a branch of Northern Rock in South Shields, England, Thursday, Nov. 17, 2011. The British government said Thursday it is selling mortgage lender Northern Rock, the nation's first victim of the credit crisis, to Virgin Money, owned...
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AP Photo
A general view of the clock and sign outside a branch of mortgage lender Northern Rock in Newcastle, England, Thursday, Nov. 17, 2011. The British government said Thursday it is selling Northern Rock, the nation's first victim of the credit crisis, to Virgin Money, owned by billionaire...
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Getty Images
A combination of file pictures shows the logos of three state rescued British banks; Northern Rock, Lloyds Banking Group and Royal Bank of Scotland. Britain's banks should implement major reforms aimed at avoiding further state bailouts of lenders by 2019, a government-appointed...
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AP Photo
FILE - In this Aug. 3, 2011 file photo, a sign stands above the entrance of a branch of Northern Rock in London. The British Treasury said Thursday, Nov. 17, 2011 that Virgin Money is paying 747 million pounds ($1.2 billion) to buy mortgage lender Northern Rock, the nation's first...
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AP Photo
Richard Branson, left, and Jayne-Anne Gadhia, chief executive of Virgin Money, pose for the media at the first branch of the bank to display the Virgin Money branding in Newcastle, England, Monday, Jan. 9, 2012. The British government sold mortgage lender Northern Rock, the nation's...
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AP Photo
Richard Branson poses for the media at the first branch of the bank to display the Virgin Money branding in Newcastle, England, Monday, Jan. 9, 2012. The British government sold mortgage lender Northern Rock, the nation's first victim of the credit crisis, to Virgin Money, owned by...
View Photo » -
AP Photo
Richard Branson, second left, poses for the media with Newcastle United palyer's Mike Williamson, left, Sami Ameobi , second Right, and Davide Santon, right, at the first branch of the bank to display the Virgin Money branding in Newcastle, England, Monday, Jan. 9, 2012. The British...
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Reuters Pictures
Signs are seen on the front of the Virgin Money office in Norwich, south east England November 19, 2011. Britain will sell nationalised lender Northern Rock to Virgin Money, the banking arm of Richard Branson's Virgin group, in a loss-making deal that starts the government's exit from...
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Reuters Pictures
Britain's Chancellor of the Exchequer George Osborne (L) looks on as Mervyn King, the Governor of the Bank of England, speaks at the Mansion House Banquet in the City of London, June 15, 2011. UK Finance Minister George Osborne is aiming to find a buyer for Northern Rock, the bank that...
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Getty Images
A branch of Lloyds Banking Group is pictured on Oxford street in central London, on April 11, 2011. British banks need to ringfence their retail operations from investment bank activities, the Independent Commission on Banking said Monday in a report aimed at preventing more state...
View Photo »
Reuters Pictures
A general view of the Northern Rock's head office in Gosforth, northern England November 17, 2011. Britain has agreed to sell nationalized lender Northern Rock to Virgin Money, the banking arm of Richard Branson's Virgin empire, in a loss-making deal that marks the start of the...
View Photo »
