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Northern Rock pays little by little !
Last week, UK Asset Resolution Limited (UKAR), the "bad seed" of the bank Northern Rock, anounced the payment of 2,15 billions pounds to the british department of finance after the 1,1 billion pounds in 2010.
The bank still owes 46,6 billions pounds to the Treasury after the British state bought out Northern Rock in 2008 to save it from bankrupcy.
UKAR, which also holds the account of lowns of Bradford & Bingley made a 1,09 billion profit in 2011. The (...)

Northern Rock : 2 billions for the state from the "Bad Bank"Northern Rock : 2 billions for the state from the

Lloyds has announced a loss of 2,78 billions £ for the year 2011, a worst result than the year before. Details...

Bank Lloyds loses 2,78 billions pounds in 2011Bank Lloyds loses 2,78 billions pounds in 2011

At the occasion of the Cards and IDentification salon in Paris, Mastercard presented a study made by TechNation on the new technologies of payments. Details...

Mastercard reveals a study on new forms of paymentsMastercard reveals a study on new forms of payments

Selftrade, a subsidiary of Boursorama the UK, obtained the banking license of the Financial Services Authority (FSA) and is a banking institution authorized to collect deposits from customers...

Selftrade obtain the license bank in UKSelftrade obtain the license bank in UK

First direct has cut rates on over a third of its mortgage product range, détails...

First direct cuts mortgage ratesFirst direct cuts mortgage rates

The Mortgage Works (TMW) is to make a number of changes to its Buy to Let mortgage range with effect from Friday, 28 October 2011...

Product update: TMW buy to letProduct update: TMW buy to let

Nationwide is to reduce all five-year fixed mortgage rates by 0.1% for new applications, details...

Nationwide reduces all five-year fixed mortgages ratesNationwide reduces all five-year fixed mortgages rates

Responding to new data released today by Nationwide’s Consumer Confidence Index pointing to a fall in confidence among UK consumers in July, Dr. Ros Altmann, Saga’s director general, suggests many over 50s are, whilst feeling the pinch, trying to remain positive and are looking to the future...

Confidence ratings for 2012 slide but over 50s look to a brighter 2013Confidence ratings for 2012 slide but over 50s look to a brighter 2013

High Income Over 50s Notice Account 2 is ideal for customers who want a monthly income from their savings...

Best Buy Notice Account Pays 2.80% AER for Older SaversBest Buy Notice Account Pays 2.80% AER for Older Savers

The Government has just released a summary of the responses to its consultation on reforming the State Pension...

SAGA: week state pension reformSAGA: week state pension reform

Barclays Real Estate has provided the Tishman Speyer Core European Fund with a £109m commercial investment loan facility to purchase Sanctuary Buildings, a landmark freehold office building in Great Smith Street, Westminster let to the UK Government...

Tishman Speyer secures £109m loan facility from Barclays Real EstateTishman Speyer secures £109m loan facility from Barclays Real Estate

Homebuyers must part with almost £100,000 more to live in some of the most idyllic locations across England and Wales, according to new research by Halifax...

Nearly £100,000 extra for a National Park home Nearly £100,000 extra for a National Park home

Barclaycard has launched a new Platinum card with the longest ever 0% balance transfer period...

Barclaycard launches 2 year 0% interest balance transfer – the longest ever in the UKBarclaycard launches 2 year 0% interest balance transfer – the longest ever in the UK

After the sale of Barclays bank card’s division early this March, the establishment Citigroup has provided the sale of its UK online banking Egg to the mutual bank Yorkshire Building Society...

Citigroup gives up the online bank, EggCitigroup gives up the online bank, Egg

A team of 10 Tesco Bank staff picked up their buckets and spades recently to assist with Children North East’s annual Sandcastle Challenge at Sandhaven Beach, South Shields...

Tesco Bank Staff take part in Sandcastle ChallengeTesco Bank Staff take part in Sandcastle Challenge

New WeBSave Easy Access 2 savings account pays a competitive rate of 3.06% AER/gross p.a. variable...

West Brom makes it ‘Easy’ for Online SaversWest Brom makes it ‘Easy’ for Online Savers

Scottish Widows has launched new and enhanced integrated tools to its workplace savings platform mymoneyworks, details...

Mymoneworks: Scottish Widows enhances workplace savings platformMymoneworks: Scottish Widows enhances workplace savings platform

hildren in Harpenden have the highest average savings balances in the UK, according to research conducted by Halifax...

Harpenden kids savviest savers with balances more than double the UK averageHarpenden kids savviest savers with balances more than double the UK average

BM Savings has launched a new range of 2 year, 5 year fixed rate bonds and 5 year fixed rate Cash ISAs...

New range fixed rate bonds and ISAs launched todayNew range fixed rate bonds and ISAs launched today

Providing real market choice with a clear customer focus - that’s the commitment from Clydesdale and Yorkshire Bank’s new Chief Executive, David Thorburn...

New CEO committed to customer choice in UK bankingNew CEO committed to customer choice in UK banking

 
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