Ontelly

Money Programme - Run on the Bank: Northern Crock

Logo for Money Programme - Run on the Bank: Northern Crock

Series featuring stories from the world of business and work. In the first of a two-parter about high street banks, Libby Potter investigates the first run on a British bank for over a century. Northern Rock was once the darling of the City. Now it's a crock struggling for survival as potential buyers circle. How did a regional building society grow to be the fifth largest bank in just a few years- and then fall apart spectacularly in a few days?