Northern Rock deposits guaranteed
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The government says it will guarantee all deposits with the Northern Rock bank, as its shares fall heavily.
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The UK government says it will guarantee all deposits with the Northern Rock bank, as its shares fall heavily.
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High yield + low payout ratio = superior long-term investment.
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High yield, low payout ratio, superior long-term investment.
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Business & money: Alliance & Leicester and Britannia building society double minimum deposit from first-time buyers
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The Bank of England has stepped in to provide emergency financial support to Britain&#39;s fifth-largest mortgage lender Northern Rock, the latest institution to fall victim to market turmoil, officials confirmed Friday.
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Business & money: With a decision on interest rates due tomorrow, all the indications are that they will remain unchanged.
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Business & money: Banks and venture capital study government plan for Northern Rock - whilst Branson refuses to match Olivant offer for lender
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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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Britain's building societies attracted a  third month of record deposits in November, indicating savers  continue to pull cash from ailing bank Northern Rock .
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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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The British government's pledge to guarantee all deposits held by Northern Rock in an effort to shore up confidence in the country's fifth-biggest mortgage lender will be put to the test on Tuesday when branches reopen.
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Buyout funds Cerberus  and JC Flowers have not ruled out re-entering the race to buy ailing bank Northern Rock Plc  after Britain smoothed financing for a deal, people familiar with the matter said.
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Northern Rock says its full-year profit will at least meet analysts&#39; consensus forecast due to continued strong lending. The bank NRK.
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Northern Rock sells Â£2.2bn of its mortgage assets to US bank JPMorgan, saying it will repay the Bank of England.
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Potential purchasers of Northern Rock will have until February 4 to make a bid to the government
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Britain deepened its involvement in stricken mortgage bank Northern Rock  on Tuesday, offering to guarantee more of its liabilities as the struggle to find a private sector acquirer for the business continues.