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Bradford and Bingley - Treasury to intervene

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Comments

  • Stavros wrote: »
    In the news this morning re 100% savings gaurantee


    Are my savings still safe?
    Savers do not need to worry, their cash is now 100% covered by the Government, beyond the standard £35,000 limit given to individual savers with other High Street names. Although the savings business has been bought by Santander, the savings are effectively nationalised when it comes to compensation in the same way as savings with Northern Rock are 100% covered. The Treasury has not announced how long this 100% coverage will stay in place, but it is believed this will not be indefinite and will eventually fall back to the standard £35,000 coverage

    That is good news although B&B staff on the counter still say it isn't covered beyond £35000
  • ad44downey wrote: »
    !!!!!!, haven't you read a single post on this forum?

    Did any Northern Rock or B&B saver lose a penny?


    Who the !!!! are you having a go at you !!!!!! idiot !:mad:

    Santander , or B&B , stated yesterday that my bonds are covered only up to £35000 even though there is £70000 in there now through no fault of my own :mad: :mad:

    I had 2 bonds in totally seperate institutions , now it is under 1 . Before the update above I was being told that I was only covered up to £35000 in TOTAL .

    If you can't be civil then I suggest you !!!! off with your attitude problem .

    :p:p:p
  • rchddap1
    rchddap1 Posts: 5,926 Forumite
    Right now I suspect that the B&B staff don't know whether they're coming or going....literally.
    Baby Year 1: Oh dear...on the move

    Lily contracted Strep B Meningitis Dec 2006 :eek: Now seemingly a normal little monster. :beer:
    Love to my two angels that I will never forget.
  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
    Aye, but they don't know whether they are on this earth or Fuller's earth
    Liquidity is when you look at your investment portfolio and **** your pants
  • They do seem to be totally in the dark
  • Oblivion
    Oblivion Posts: 20,248 Forumite
    Part of the Furniture 10,000 Posts Photogenic
    rchddap1 wrote: »
    Right now I suspect that the B&B staff don't know whether they're coming or going....literally.

    It's not too hard to spot the difference ... If they are coming, they will be breathing heavily and have a grin on their face ... if they are going, they will have a tear-stained P45 in their hands. (Quote from my, as yet, unpublished 'Observers Book Of Unemployed')

    Dave.
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • rchddap1
    rchddap1 Posts: 5,926 Forumite
    I'll note that down for future reference.
    Baby Year 1: Oh dear...on the move

    Lily contracted Strep B Meningitis Dec 2006 :eek: Now seemingly a normal little monster. :beer:
    Love to my two angels that I will never forget.
  • Oblivion wrote: »
    It's not too hard to spot the difference ... If they are coming, they will be breathing heavily and have a grin on their face ... if they are going, they will have a tear-stained P45 in their hands. (Quote from my, as yet, unpublished 'Observers Book Of Unemployed')

    Dave.

    or they could be partying it up, depending on what way you look at it :)
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Tallyho wrote: »
    Who the !!!! are you having a go at you !!!!!! idiot !:mad:

    Santander , or B&B , stated yesterday that my bonds are covered only up to £35000 even though there is £70000 in there now through no fault of my own :mad: :mad:

    I had 2 bonds in totally seperate institutions , now it is under 1 . Before the update above I was being told that I was only covered up to £35000 in TOTAL .

    If you can't be civil then I suggest you !!!! off with your attitude problem .

    :p:p:p
    Have you finished crapping in your knickers yet?
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
    Well fingers crossed folks, following the decision by the Irish to guarantee 100% deposits pressure is mounting on G.B to follow suit here, I think its a positive step to restore customer confidence in the banking sector.
    HERE

    Quote "But the Prime Minister is considering going much further and issuing a blanket guarantee to savers that all their money would be protected in the event of their bank failing. Such a safety net would guarantee all deposits and debts and, at a stroke, it would reassure banks that they could continue to trade without fear of sudden collapse.
    Liquidity is when you look at your investment portfolio and **** your pants
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