Nationalisation Of Northern Rock
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Nationalisation Of Northern Rock
In 2008 the Northern Rock bank was Nationalization, nationalised by the Government of the United Kingdom, British government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank was split into two parts (Northern Rock (Asset Management), assets and banking) to aid the eventual sale of the bank back to the private sector. On 14 September 2007, the bank sought and received a liquidity support facility from the Bank of England, as a result of its exposure in the credit markets, during the Financial crisis of 2007–2008, 2008 financial crisis. On 22 February 2008 the bank was Nationalization, taken into state ownership. The nationalisation followed two unsuccessful bids to take over the bank, neither being able to fully commit to repayment of savers' and investors' money. In 2012 Virgin Money UK, Virgin Money completed the purchase of Northern Rock from UK Financial Investments (UKFI) for approximately £1 billion and by October of that year the high s ...
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Northern Rock Queue
Northern may refer to the following: Geography * North, a point in direction * Northern Europe, the northern part or region of Europe * Northern Highland, a region of Wisconsin, United States * Northern Province, Sri Lanka * Northern Range, a range of hills in Trinidad Schools * Northern Collegiate Institute and Vocational School (NCIVS), a school in Sarnia, Canada * Northern Secondary School, Toronto, Canada * Northern Secondary School (Sturgeon Falls), Ontario, Canada * Northern University (other), various institutions * Northern Guilford High School, a public high school in Greensboro, North Carolina Companies * Arriva Rail North, a former train operating company in northern England * Northern Bank, commercial bank in Northern Ireland * Northern Foods, based in Leeds, England * Northern Pictures, an Australian-based television production company * Northern Rail, a former train operating company in northern England * Northern Railway of Canada, a defunct railway in On ...
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John McFall, Baron McFall Of Alcluith
John Francis McFall, Baron McFall of Alcluith, (born 4 October 1944) is a Scottish politician, now the Lord Speaker having previously been Senior Deputy Speaker of the House of Lords from 1 September 2016 to 30 April 2021. He was previously a Labour and Co-operative Member of Parliament from 1987 to 2010, first for Dumbarton and then from 2005 for West Dunbartonshire. He also served as Chairman of the House of Commons Treasury Committee. In 2021, McFall was elected as Lord Speaker to replace Lord Fowler. Early life McFall went to a boys' school, St Patrick's Secondary School (since merged with Notre Dame High School to form Our Lady & St Patrick's High School), on Hawthornhill Road in Castlehill, Dumbarton, leaving without any qualifications at 15. His father was a school caretaker and his mother had a newsagents shop, which sparked his (later) interest in how to run businesses. He worked for the local Parks Department in Dumbarton and then in a factory. At the age of 24 ...
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BBC Radio 4
BBC Radio 4 is a British national radio station owned and operated by the BBC that replaced the BBC Home Service in 1967. It broadcasts a wide variety of spoken-word programmes, including news, drama, comedy, science and history from the BBC's headquarters at Broadcasting House, London. The station controller is Mohit Bakaya. Broadcasting throughout the United Kingdom, the Isle of Man and the Channel Islands on FM, LW and DAB, and on BBC Sounds, it can be received in the eastern counties of Ireland, northern France and Northern Europe. It is available on Freeview, Sky, and Virgin Media. Radio 4 currently reaches over 10 million listeners, making it the UK's second most-popular radio station after Radio 2. BBC Radio 4 broadcasts news programmes such as ''Today'' and ''The World at One'', heralded on air by the Greenwich Time Signal pips or the chimes of Big Ben. The pips are only accurate on FM, LW, and MW; there is a delay on digital radio of three to five seconds and ...
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Alistair Darling
Alistair Maclean Darling, Baron Darling of Roulanish, (born 28 November 1953) is a British politician who served as Chancellor of the Exchequer under Prime Minister Gordon Brown from 2007 to 2010. A member of the Labour Party, he was a Member of Parliament (MP) from 1987 until he stepped down in 2015, most recently for Edinburgh South West. Darling was first appointed as Chief Secretary to the Treasury by Prime Minister Tony Blair in 1997, and was promoted to Secretary of State for Work and Pensions in 1998. After spending four years at that department, he spent a further four years as Secretary of State for Transport, while also becoming Secretary of State for Scotland in 2003. Blair moved Darling for a final time in 2006, making him President of the Board of Trade and Secretary of State for Trade and Industry, before new Prime Minister Gordon Brown promoted Darling to replace himself as Chancellor of the Exchequer in 2007, a position he remained in until 2010. He served as ...
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