Wasn't sure where to post this but thought that this forum was the most appropriate:
http://news.bbc.co.uk/1/hi/business/7647914.stm
http://news.bbc.co.uk/1/hi/business/7647914.stm
When it was nationalised, Northern Rock said it would limit its share of retail deposit balances to 1.5% of the market in the UK and 0.8% in Ireland. Its share of gross new mortgage loans would also be no more than 2.5% of the UK market, it said.
A number of media commentators advised savers to turn to Northern Rock at the weekend. Northern Rock does not advertise its 100% guarantee.