The Fall of Northern Rock: Part One
For a few weeks in 2007, a small ex-building society in Newcastle became the world's most famous bank as TV news cameras showed customers queuing at branches for their cash. Initially seen as a Victorian throwback, it later became clear that the collapse was a warning of much wider problems to come. As worrying tremors again strike our financial system, Neil and Jonathan ponder the lessons of Northern Rock's failure in the first of a two part series with former chancellor Alistair Darling, ex regulator Howard Davies and banking expert Dan Davies. Presented by Jonathan Ford and Neil Collins.With Dan Davies, Alistair Darling and Howard Davies.Produced and edited by Nick Hilton for Podot.Additional editing by Ewan Cameron.Sponsored by Briefcase.News Hosted on Acast. See acast.com/privacy for more information.