UK extends guarantees for Northern Rock
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The British government said on Tuesday  it was extending guarantee arrangements for Northern Rock   to cover some unsubordinated wholesale obligations of  the stricken bank, whether existing now or in the future.
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The Bank of England pumped another 4.4 billion pounds into money markets on Tuesday amid turmoil surrounding embattled bank Northern Rock.
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The Bank of England agrees to give emergency financial support to mortgage lenders Northern Rock.
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LONDON/NEWCASTLE  - British Prime Minister Gordon Brown defended his handling of the nationalization of Northern Rock on Monday, but will now have to grapple with the fallout of possible job cuts and shrinking the bank.
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British Prime Minister Gordon Brown on Saturday confirmed receipt of a key report on the future financing of British bank Northern Rock, after claims its loans will be converted into bonds and sold.
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Government financing triggers move but Treasury says Northern Rock has not been nationalised
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Shares in Northern Rock rise  after the government guarantees to protect savers' deposits.
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Chancellor of the Exchequer Alistair Darling said on Monday his government would guarantee the savings of customers of troubled bank Northern Rock.
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Northern Rock hopes a UK government pledge will reassure its customers as other banking shares soar.
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The Bank of England has agreed to provide emergency funding to mortgage lender Northern Rock after it fell victim to the liquidity squeeze in the banking sector, media reports said on Thursday.
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Britain's financial authorities stepped in to rescue mortgage lender Northern Rock  on Friday as the group, which has lent aggressively to home buyers, fell victim to the sharp rise in borrowing costs between banks.
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Goldman Sachs is close to completing a  15 billion pound ($29.5 billion) financing package to be used  by suitors for UK lender Northern Rock , the Sunday  Times reported, adding details may be unveiled this week.
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Gordon Brown praises Bank of England Governor Mervyn King's handling of the Northern Rock crisis.
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There was a measure of relief for the banking sector on Tuesday after the Treasury extended its guarantee beyond Northern Rock's customer deposits to its wholesale banking products.
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Richard Branson says he remains confident that a deal to rescue Northern Rock can be done.
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Prime minister and chancellor seek to reassure voters saying they are dealing with the Northern Rock fallout
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Shares in troubled mortgage lender Northern Rock rose on a promise by the central bank to back its deposits, but worried customers continued to line up Tuesday to withdraw their savings.