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Bank of England deputy governor pays tribute to North East business resilience
09 Oct 2025 11:15 GMT
… decisions at the Bank. Sarah Breeden, the Bank’s deputy governor … they want to invest.”
Bank of England governor Andrew Bailey … t forget the lessons of Northern Rock.” Ms Breeden also attended … .” Elsewhere in the region, Bank of England governor Andrew Bailey …
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Will you still be saddled with a mortgage in your seventies?
12 Sep 2025 23:29 GMT
… interest-only mortgage from Northern Rock before the lender collapsed during … knocked back by the banks and it was looking … an equity release loan through the lender Pure Retirement to … becoming easier.
Mortgage lenders are happier to lend to older borrowers …
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If you wanted to stop a banking crisis, would you ask Lord King?
11 Sep 2025 01:51 GMT
… Bank of England governor who presided over the 2007 run on Northern Rock … funds and pensions, shadow banking has grown rapidly since … tougher regulation of banks that pushed lending into other … private markets and shadow banking.
King appears to disagree …
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Another welfare climbdown. Billions more for Reeves to find
02 Nov 2025 04:22 GMT
… lives. It would be morally bankrupt to stand back and do … is, to quote Starmer, “morally bankrupt”.
But it is also, as … week before the collapse of Northern Rock.
In an article for The …
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Newcastle in the 2000s: 10 photographs from the first decade of the millennium
02 Nov 2025 01:19 GMT
… Northumberland Street branch of the Northern Rock bank. The North East brand had … Lehman Brothers, the American investment bank, brought about a global economic …
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UK government's £37 billion bailout of Northern Rock in 2007 pays off
19 May 2025 01:09 GMT
… soon follow.
Northern Rock was Britain’s first bank run in over …
UK lenders plan to close record 762 branches as banks pivot … set up to manage the bank’s loans. The assets that remain … he bailed out Northern Rock, he insisted, other banks could behave even …
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Opinion: Bank fears Farage turmoil in No 10
28 Jul 2025 16:15 GMT
… (LDIs) but neither the Bank nor the Pensions Regulator addressed … down. Bailey was in the Bank';s engine room in … up to the collapse of Northern Rock in 2007 and the crisis … credible. Bailey and the independent Bank never indulge in party politics. …
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Bank of England fearful if Reform's Nigel Farage ever becomes Prime Minister, says ALEX BRUMMER
27 Jul 2025 21:38 GMT
… (LDIs) but neither the Bank nor the Pensions Regulator addressed … down.
Bailey was in the Bank';s engine room in … up to the collapse of Northern Rock in 2007 and the crisis … credible.
Bailey and the independent Bank never indulge in party politics. …
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I’m a mortgage broker – here’s why I wouldn’t advise borrowing 6 times your income
24 Jul 2025 19:00 GMT
… , before Covid-19, when mortgage rates were much lower. They … house; you’re facing bankruptcy. At traditional three to … Northern Rock was lending six times income combined with 125 per cent loan- … however, is that the banks holding these mortgages could face …
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Is Labour sowing the seeds for mortgage meltdown? Risky new rules that could give borrowers huge loans
15 Jul 2025 21:49 GMT
… worried?
A larger loan will increase monthly mortgage payments and this could … .
At the same time, banks such as Northern Rock had been ‘securitising’ these … than the equivalent mortgage.
Lender Skipton’s ‘track record’ mortgage allows renters with …