Northern Rock had up to £30bn of mortgages coming up for renewal this year and customers would be offered help to transfer to other lenders

Liberal Democrat Treasury spokesman Vince Cable branded the payout to Mr Applegarth, who stepped down last December, as a “reward for failur...

Northern Rock may take longer to repay the 25 bln stg in government loans

Northern Rock, the UK bank that was nationalised last month, today said it was confident of meeting the proposals set out in its draft busin...