NAO report reveals how Branson ‘Glazered’ taxpayer on Northern Rock
A National Audit Office report has revealed the taxpayer may never see payment for the Northern Rock sale to Virgin.
A National Audit Office report has revealed the taxpayer may never see payment for the Northern Rock sale to Virgin.
The FSA can’t stop Virgin stripping another £345 million from Northern Rock deal, explains Cormac Hollingsworth.
George Osborne didn’t sell Northern Rock at 80% of book value, but at 66% of book value, reports Cormac Hollingsworth.
The Tories' and Lib Dems' warm words on co-operatives are hollow; the resurrection of Northern Rock's failed ownership model underlines that point.
At the time of the banking collapse, the Bank of England said that there was a need for more stable banking structures in the UK. So why isn't George Osborne remutualising Northern Rock?
Joe Cox and William Cass make the case for re-mutualising Northern Rock - rather than privatising the rescued bank.