View more on these topics

Treasury mulls Rock sale, say reports

The Treasury has begun to investigate the possibility of selling Northern Rock back to the private sector, according to The Times.

The newspaper says that banking investors have been contacted by the Government to find out whether the nationalised bank could be refloated, sold to another institution or remutualised.

Northern Rock currently owes the Government £14.6bn, but has 70 branches across the UK and holds assets in excess of £91bn.

The Times says it understands that neither RBS or Lloyds Bnakign Group would be allowed to bid for the bank thanks to their Government part ownership.

The newspaper says the Treasury has denied its claims.


IFAs fear allocation backlash

Almost 60 per cent of IFAs fear regulatory backlash over their asset allocation decisions in the wake of recent stockmarket volatility, new research from MetLife Europe shows.


White paper — Dubai International Insights

Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm