Darling outlines plans for Northern Rock
22.52 Mon Feb 18
Chancellor Alistair Darling has addressed the Commons over plans to nationalise troubled mortgage-lender Northern Rock.
FTSE closes at 5946.6
18.04 Mon Feb 18
The FTSE surged up nearly 3 per cent to close 159 points ahead at 5946.6.
Northern Rock is nationalised
23.53 Sun Feb 17
Beleaguered bank Northern Rock will be nationalised, the Chancellor has announced.
Government takes on Northern Rock debts
11.38 Thu Feb 07
Northern Rock "has not been nationalised", even though billions of pounds lent to the bank have been brought onto the Government's books.
Rock regulator guilty of 'systematic failure'
06.41 Sat Jan 26
A damning report into the collapse of Northern Rock has blamed the Financial Servives Authority for a "systematic failure of duty".
Chancellor refuses to rule out nationalisation
22.56 Mon Jan 21
Chancellor Alistair Darling has warned it would be "irresponsible" to rule out temporary nationalisation of Northern Rock.
Branson in a pickle over N Rock
10.59 Mon Jan 21
Virgin boss Sir Richard Branson believes his group's bid for Northern Rock would see the taxpayer recoup nearly £30 billion in loans.
Branson talks up Virgin bid
18.27 Sat Jan 19
Virgin boss Sir Richard Branson has said he believes he has "the best bid on the table" for the ailing Northern Rock bank.
Virgin bid for Rock suffers a blow
10.26 Fri Dec 14 2007
The takeover offer from Sir Richard Branson for ailing Northern Rock has suffered a blow after losing its status as the preferred bidder.
MPs slam N Rock number-crunchers
13.30 Tue Dec 04 2007
Accountants for crisis-hit Northern Rock have been attacked by MPs for failing to spot funding problems.
Northern Rock's future far from certain
23.55 Mon Nov 26 2007
Northern Rock's future is still far from certain, despite a bid from a consortium led by Richard Branson's Virgin group.
Northern Rock row rumbles on
17.12 Tue Nov 20 2007
Opposition parties are set to increase pressure on Chancellor Alistair Darling over the Northern Rock crisis.
Darling's pledge over Northern Rock
23.59 Mon Nov 19 2007
Both taxpayers and Northern Rock depositors will be protected as the troubled bank's future is mulled, Alistair Darling has pledged.
N Rock: customers 'withdraw £10.5bn'
12.43 Thu Nov 08 2007
Northern Rock shares tumbled 12 per cent after reports that £10.5 billion has been withdrawn by customers from the crisis-hit lender.
Northern Rock 'may shed 2,000 jobs'
10.27 Mon Oct 29 2007
Northern Rock may be forced to shed 2,000 jobs because of a slowdown in new business.
Chancellor urges Northern Rock
16.18 Thu Oct 25 2007
Chancellor Alistair Darling said that Northern Rock has "a matter of weeks and months" to sort out its future.
Northern Rock boss faces grilling
23.37 Tue Oct 16 2007
The chairman of the beleaguered Northern Rock bank has claimed it was hit by a "completely unpredicted" chain of events.
Virgin confirms interest in Northern Rock
23.15 Fri Oct 12 2007
Sir Richard Branson's Virgin Group has confirmed it is interested in a potential rescue of crisis-hit Northern Rock.
Officials face Northern Rock grilling
10.56 Tue Oct 09 2007
Britain's financial watchdog is facing a grilling over its failure to head off the Northern Rock crisis.
FTSE closes on 6540.9
17.41 Mon Oct 08 2007
The London market has made a lacklustre start to the week with the FTSE 100 Index closing on 6540.9.
'UK heading for economic slowdown'
11.49 Fri Oct 05 2007
The UK could be heading for an economic slowdown after being buffeted by the global credit squeeze, according to reports.
FTSE closes at 6486.4
17.41 Thu Sep 27 2007
The FTSE 100 Index closed 53.4 points higher at 6486.4 - despite fresh news of tumbling housing sales in the US.
FTSE ends at 6433.0
17.21 Wed Sep 26 2007
The FTSE 100 has closed higher after a firm set of GDP figures pointed to a healthy UK economy and a bullish Wall Street buoyed trading.
Northern Rock cancels dividend payment
19.11 Tue Sep 25 2007
Troubled mortgage lender Northern Rock said it would not pay shareholders the interim dividend payment it promised in July.
Darling vows to learn lessons
17.26 Sun Sep 23 2007
Chancellor Alistair Darling has vowed to learn lessons from the financial turmoil of the last few weeks and promised further protection.
FTSE closes at 6456.7
18.01 Fri Sep 21 2007
The FTSE 100 Index closed up 27.7 points at 6456.7 after a stable session.
FTSE closes on 6429
19.37 Thu Sep 20 2007
Northern Rock was once again the biggest loser on the London market as the FTSE closed down 31 points at 6429.
King: 'I was right on Northern Rock'
13.12 Thu Sep 20 2007
Bank of England Governor Mervyn King is facing some tough questions from MPs over his handling of the crisis at Northern Rock.
N Rock shares hit by takeover rumours
17.44 Wed Sep 19 2007
Northern Rock's share price has taken a tumble as rumours swirl about a possible takeover of the crisis-hit mortgage lender.
Northern Rock panic eases after Darling move
19.58 Tue Sep 18 2007
Queues have shrunk outside some Northern Rock branches after Chancellor Alistair Darling said customers' savings would be guaranteed.
Government offers Northern Rock guarantee
23.46 Mon Sep 17 2007
Ministers have taken dramatic action in an attempt to end the crisis at Northern Rock.
Northern Rock 'seeks white knight'
07.20 Mon Sep 17 2007
Customers have withdrawn £2 billion from Northern Rock savings accounts in three days.
Pressure remains on Northern Rock
18.29 Sat Sep 15 2007
Northern Rock is expected to remain under pressure from its customers after seeking emergency support from the Bank of England.
Northern Rock crisis hits shares
22.07 Fri Sep 14 2007
Northern Rock customers spent Friday queuing outside branches after the mortgage lender had to be bailed out by the Bank of England.
FTSE closes at 6289.3
17.53 Fri Sep 14 2007
The FTSE 100 Index has closed 74.6 points down at at 6289.3.
Northern Rock denies financial problems
22.31 Thu Sep 13 2007
Mortgage lender Northern Rock has taken the "unusual" step of calling on the Bank of England to provide emergency funding.
FTSE closes on 6363.9
17.38 Thu Sep 13 2007
The FTSE 100 Index jumped 57.7 points to close at 6363.9.
FTSE closes at 6270.7
17.39 Wed Sep 05 2007
The London market has plunged into the red after heavy early losses on Wall Street.
FTSE closes on 6376.8
17.29 Tue Sep 04 2007
The London market gathered momentum during afternoon trading as a firm opening helped push blue chips into positive territory.
Fixed rates hit Northern Rock profits
11.01 Wed Jun 27 2007
Northern Rock has announced annual profits will be hit due to rising interest rates from cheap fixed-rate home loans.