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Archive for February, 2008

Northern Rock RIP

We have just had it confirmed that the new law has been passed to transfer Northern Rock into Government control. The transfer occurred within a matter of minutes of the ... Read more..

Tories try to block the Rock.

In a move that can be only described as headline grabbing, the Tories say they may vote against the emergency bill published yesterday to nationalise Northern Rock, the nationalisation is ... Read more..

Trumpo on the money with Northern Rock Nationalisation.

In a not so surprising move, and 5 months of dithering later the Chancellor has taken Northern Rock into state ownership. Read more..

The Bank of England warns standard of living will fall.

Hello? - it's been falling for the last 18 months since we had 5 consecutive rate rises and a 20% increase in fuel bills. Read more..

Bradford & Bingley – Northern Rock 2 ?

Bradford and Bingley shares have tumbled today on the back of exposure to toxic loans and announcing a 50% drop in profits. Read more..

Interest rates down to 4%?

A spokesperson for BNP Paribas predicts interest rates to head towards 4% on the BBC today. Read more..

Base rate cut should be first of many.

Congratulations to all those that have a mortgage and sympathy for all those savers. Read more..

The Spanish and Lewis Hamilton

Did anybody actually ask the stupid so called race fans what they were playing at? Read more..

Bransons Rock?

It looks like the bearded one has beat off the city big wigs. Read more..