Select Committee on Treasury Written Evidence


APPENDIX

S&P PUBLICATIONS ON NORTHERN ROCK

Listed below are the most relevant publications from 2005 to date:


Date
Description

12 October 2005Change from A (stable outlook) to A (positive outlook).
1 August 2006Upgrade from A to A+ (stable outlook).
27 June 2007Change from stable to negative outlook in light of profit warning.
14 September 2007Downgrade to A (negative outlook).
19 September 2007Downgrade to A- (negative outlook).
26 September 2007Placed on CreditWatch with developing implications.







 
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