No pay-off for Northern Rock boss
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There will be no pay-off for Northern Rock chairman Matt Ridley, who resigned on Friday.
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Bailed-out British bank Northern Rock was hoping Sunday its attempts to reassure panicking customers would pay off as the lender tried to avoid falling victim to the global credit squeeze.
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Â· Run on Northern Rock escalatesÂ· Fears over second bankÂ· Intervention too slow, say critics
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Northern Rock  named director  Andy Kuipers as chief executive in a long-awaited update on  Thursday, but also said it would take a 281 million pound ($574  million) hit from its exposure to the credit crisis.
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Northern Rock on Tuesday defeated most of the plans by rebel shareholders to limit management's ability to sell the group without consulting investors.
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Criticism grows over the Government rescue of Northern Rock even as a run on it seems to have eased.
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A deadline on private bids for Northern Rock, the bank almost ruined by the squeeze on global credit, was to expire on Monday amid speculation that three proposals will be made to the board.
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Stricken lender Northern Rock is continuing to struggle to attract a buyer, a newspaper report claims.
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Northern Rock shares fall further after a claim the bank has borrowed more money from the Bank of England.
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Government financing triggers move but Treasury says Northern Rock has not been nationalised
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The rescue of British bank Northern Rock  could get bogged down in a legal battle as shareholders criticized the government's handling of the five-month crisis just as a decision nears.
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Business & money: Northern Rock's chairman, Matt Ridley, will leave the troubled company without a 'golden goodbye'.
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Business & money: Northern Rock monitoring criticised by CBI boss.
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Northern Rock will not pay the interim dividend it announced in July, BBC business editor Robert Peston learns.
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Northern Rock shareholder SRM warns the Treasury not to nationalise Northern Rock for less than a fair price.
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THE IRA today denied any involvement in the Â£22 million raid on the Northern Bank headquarters in Belfast. A senior republican source claimed: &quot;We are dismissing any suggestion or allegation that we were involved.
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Panicky customers of Northern Rock have withdrawn Â£2 billion ($4 billion), since the bank acknowledged Friday that it could no longer raise money because of the credit squeeze.