Tag Archives: nationalised bank
Northern Rock: ex-shareholders lose compensation challenge
Independent – Former shareholders in nationalised bank Northern Rock failed today in a renewed legal challenge to the Government’s "zero return" compensation scheme. The Court of Appeal in London dismissed an appeal by individual shareholders – including current and retired […]
Government may inject billions into Northern Rock
Reuters – The government is considering injecting as much as 10 billion pounds into Northern Rock to use the nationalised bank to ramp up mortgage lending, the Daily Telegraph reported. The Treasury has yet to make a final decision on […]
