Northern Rock to be nationalised
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Troubled bank Northern Rock will be taken into public ownership, the BBC's business editor reports.
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Secret plan to divide up Northern Rock among high street banks drawn up by government advisers
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Three leading hedge funds are planning a  break-up of beleaguered British bank Northern Rock ,  according to a newspaper report on Sunday.
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The nationalization of Northern Rock is a huge blow for the government of Prime Minister Gordon Brown.
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Legislation will be used if the Northern Rock is nationalised, the BBC has learned.
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Britain will back a plan to  covert its lending to Northern Rock  into bonds, a  source familiar with the matter said, potentially tying itself  to the bank for years but avoiding full-scale nationalization.
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The bill to nationalise Northern Rock is to be debated in the Commons, with the Tories set to vote against it.
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The government Tuesday took the first steps in parliament towards nationalising troubled mortgage lender Northern Rock, the troubled bank rocked by the global credit crunch six months ago.
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The Danske Bank Group has signed an agreement with National Australia Bank to purchase Northern Bank (www.nbonline.co.uk) in Northern Ireland and National Irish Bank (www.
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Emergency legislation is to be introduced to temporarily nationalise the UK's stricken Northern Rock bank.
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Northern Rock's debt will appear on government accounts, the Office for National Statistics decides.
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The future of ailing British bank Northern Rock -- including possible nationalisation -- is to be decided in the next six weeks, the Chancellor of the Exchequer Alistair Darling said in an interview on Saturday.
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Emergency legislation is to be introduced to temporarily nationalise the stricken Northern Rock bank.
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Business & money: Government tells two groups bidding for Northern Rock to improve their offers or see bank nationalised
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The nationalization of Northern Rock is the first such move in more than a decade and a huge blow for the government of Prime Minister Gordon Brown.
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The government will use legislation if the Northern Rock is nationalised, the BBC learns.
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The future of ailing British bank Northern Rock -- including possible nationalisation -- is to be decided in the next six weeks, finance minister Alistair Darling said in an interview out Saturday.