Alistair Darling22 September 2000
Alistair Darling suggests the Government is planning a 100,000 pounds guarantee to cover all savers
Great Britain · Government / Labour Party Government. Chronological records rendered directly from the World History Database.
Alistair Darling suggests the Government is planning a 100,000 pounds guarantee to cover all savers
Panicked Northern Rock savers rush to empty their accounts as shares in the bank plummet
In an unprecedented move, the Chancellor says the Government will guarantee all savings of Northern Rock customers
Alistair Darling suggests the Government is planning a œ100,000 guarantee to cover all savers
In one of the biggest losses in UK corporate history, RBS reports a pre-tax loss of œ692 million in the first half, after writing down œ5.9 billion on investments hit by the credit crunch
The Bank of England provides a short-term secured loan of up to 100 million pounds to stricken Icelandic bank Landsbanki "to help maximise the returns to UK creditors". The 37-billion-pound nationallization announcement is the first implementation of a rescue package for banks that was unveiled last week, which made available 50 billion pounds to inject cash into financial institutions in return for shares
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