Northern Rock Articles

In recent years the Conservatives have been attempting to recast themselves as the party of cooperation and mutualism. Real progressives in the Labour and Cooperative parties correctly identified this as pre-election PR to detoxify the Tory brand. The coalition’s...

‘People before profit’. Why the refrain of ‘08 still matters in 2012 In the aftermath of the banking crisis of 2008, the Cooperative party launched The Feeling’s Mutual campaign. Its aim was simple: to campaign for a fairer, more diverse financial sector that was...

The sale of Northern Rock to Virgin Money was announced during the mini-parliamentary recess in November and buried in the news by the crisis in Europe and the chancellor’s autumn statement, was. Setting to one side the scant regard the government gave to a...

During the briefest of chitchats with Alistair Darling earlier this year I asked how his book was coming along and, in particular, what it would say about Mervyn King. I recalled from my tenure as his junior minister during the collapse of Northern Rock the...