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A & L savings A/C
IanJackson
Posts: 2 Newbie
Hi All
I heard a murmur a day or two ago, to the effect that the Alliance & Leicester Building Society may be heading the same way as Northern Rock. I have a savings account with them. Has anyone else heard of, or know anything of this?
Ian
I heard a murmur a day or two ago, to the effect that the Alliance & Leicester Building Society may be heading the same way as Northern Rock. I have a savings account with them. Has anyone else heard of, or know anything of this?
Ian
0
Comments
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Rumours on this site and others yes, but not really anything I am worried about, going to be opening an ISA with them for next tax year.
If you have under ~£30,000 then you are covered even if they do go south.
No savings were lost with the Northern Rock incident.0 -
Rumours are being spread about various banks by stock market manipulators. If you believe all the rumours in recent weeks Barclays, Bradford & Bingley, A&L and Halifax are all going to go bust.
All a load of nonsense, Northern Rock was unique in its business model.0 -
... not to mention HBOS and the entire Icelandic banking system.
Rumour-mongering, very often by people hoping to make money out of the situation and some peoples' ability to panic for no reason.0 -
I have 90k with the A & L and I am not losing sleep. Those rumours that caused HBOS shares to dip has now instigated nothing short of a criminal investigation. This government will not let a UK bank/building society go under,Liquidity is when you look at your investment portfolio and **** your pants0
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ok, that's good, thanks for replies0
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I concur with everything everyone else has said. But, Ian, ALBS ceased to exist in 1997. You are talking about Alliance & Leicester plc.IanJackson wrote: »I heard a murmur a day or two ago, to the effect that the Alliance & Leicester Building Society may be heading the same way as Northern Rock. I have a savings account with them. Has anyone else heard of, or know anything of this?0
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