Has any person or organisation lost money from a UK bank failure?

Theleak250

You have to remember than the gov bailed out Northern Rock, RBS, HBOS

https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package

They would have gone bust if not for that. So you have to ask the question, would it ever be allowed to happen?

eskbanker

Theleak250 said:

You have to remember than the gov bailed out Northern Rock, RBS, HBOS

https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package

They would have gone bust if not for that. So you have to ask the question, would it ever be allowed to happen?

That question was answered on the first page, i.e. yes, small institutions (mostly credit unions) have gone bust since then, without government intervention....