Northern Rock
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Virtualisation and cloud: The new weapons in the outsourcing arms race
News According to research by analyst Ovum, sectors including financial services, pharmaceuticals and life sciences, retail and travel are showing active interest in IT outsourcing, pointing to recent £20m-plus deals between IBM and the... [14 Jul 2009]
Woolly risk analysis is hastening a housing crash
Comment What started off as a liquidity crisis post Northern Rock is now in real danger of developing into a credit crisis, creating a significant downturn in lending. Borrowers have moved from a mortgage feast... [03 Jul 2008]
HMRC's missing discs: Just a warning shot
Comment Would we see a mass run on banks on a scale that would render the Northern Rock a happy memory? The outcry over the missing 25 million child benefit records rumbles on. But the HMRC's wayward discs were... [27 Nov 2007]
Dear silicon.com... MS vs open source, wi-fi risks, being green...
Comment ¦ How to build an IT department ¦Q&A: Graham Linehan, writer and director of The IT Crowd ¦ Avoiding the next Northern Rock What's got silicon.com readers reaching for their keyboards this week? [18 Oct 2007]
Avoiding the next Northern Rock
Comment The key to making sense of the Northern Rock crisis is to understand that its business model was based on short-term funding of their lending book - it was cheaper to finance and increased its profit... [15 Oct 2007]
Caption Competition: Queueing for my Halo
Photo The winning entry, from reader Malcolm George was: "Some Northern Rock investors are more determined that others to get their investment back. This competition is now closed. Photo credit: Microsoft [28 Sep 2007]
Leader: Where was Northern Rock's technology?
Leader The crisis at Northern Rock looks like an example of bad planning on many levels. Northern Rock appears not to have done this, preferring instead to shout the message... [19 Sep 2007]
Faster bank transfers delayed to next year
News The 13 financial organisations are: Abbey, Alliance & Leicester, Barclays, Citibank, Co-operative Bank, HBOS, HSBC, Lloyds TSB, National Australia Group, Nationwide Building Society, Northern Bank,... [15 Aug 2007]
Faster payments plan slows down
News The 13 financial organisations - which account for more than 95 per cent of all payments made in the UK - are: Abbey, Alliance & Leicester, Barclays, Citibank, Co-operative Bank, Northern Bank, HBOS, HSBC, Lloyds TSB,... [13 Jul 2007]
Swinton insurance snubs offshoring
News Earlier this year the Nationwide and Northern Rock building societies snubbed offshoring and cost savings in favour of investing in UK call centres tied to the local communities they are based in. The... [01 Jun 2004]
Nationwide snubs Indian call centres in favour of UK
News In an interview with the FT, Northern Rock COO David Baker said his organisation's ties to the community are more than just sentimentality. He said that the moves by Nationwide and... [12 Jan 2004]
Banks close branches as online finance booms
News The Internet has continued its assault on the finance industry this week with the news that both Barclays Bank and Northern Rock are to close branches in response to the growth in online services.... [15 Nov 1999]
Energis enjoys strong six months
News Other customers gained during the six month period included Ernst & Young, Going Places, the Inland Revenue, Northern Rock and Sun Life of Canada. Long distance telco, Energis has released strong... [18 Nov 1998]
UK banks face £1bn millennium bill
News Barclays is leading the way with a budget of £250m, while at the other end of the spectrum Northern Rock is looking at a sum closer to £5m. UK banks have set aside more than £1bn to deal with the... [02 Sep 1998]
In brief: Energis provides network for Northern Rock
News National Grid subsidiary Energis has won a contract with Northern Rock to provide a WAN link between the mortgage lender's 135 sites. The project will begin in August and is scheduled for completion by... [31 Jul 1998]
