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Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley. The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society 's members, who swapped their nominal share of the building society for at least 250 shares of the newly ...
The bank, with its head office in 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom, [5] [6] was established on 11 January 2010, when Abbey National plc was combined with the savings business and branches of Bradford & Bingley plc, and renamed Santander UK plc. Alliance & Leicester plc merged into the renamed business in May 2010.
Bingley Building Society was a UK building society, which merged with the Bradford Equitable Building Society in 1964 to form the Bradford & Bingley Building Society. Bradford & Bingley fell victim to the financial crisis of 2007–2010 and is now part of Santander UK , while its mortgage book is owned by UK Financial Investments Limited .
The BD postcode area, also known as the Bradford postcode area, [2] is a group of 24 postcode districts in England, within seven post towns.These cover northwestern West Yorkshire (including Bradford, Bingley, Shipley, Cleckheaton and Keighley) and southwestern North Yorkshire (including Skipton and Settle), plus very small parts of Lancashire.
In September 2003, the bank rebranded as Abbey, and in November 2004, it became a wholly owned subsidiary of the Spanish Santander Group, with a rebrand following in February 2005. In January 2010, the savings business of Bradford & Bingley was combined with the bank, and Abbey National plc was renamed Santander UK plc. [1]
Bradford Equitable Building Society was an English building society, which merged with the Bingley Building Society in 1964 to form the Bradford & Bingley Building Society. Bradford & Bingley fell victim to the financial crisis of 2007–2010 and is now part of Santander UK , while its mortgage book is owned by UK Financial Investments Limited .
Bradford & Bingley International (BBI) was the international banking subsidiary of Bradford & Bingley, which was itself acquired by the Santander Group in 2008.. On 5 August 2011, the business of BBI was transferred to Alliance & Leicester International (ALIL), also a subsidiary of Santander, ahead of the expiry of a trademark licence on the Bradford & Bingley name and image.
When Bradford & Bingley and Northern Rock were merged in October 2010 he was made Chief Executive of the merged entity. [ 12 ] In 2013 he was revealed as one of the top paid government employees, earning £815,000 – four times as much as the Prime Minister , having had a 27 percent pay rise that year.
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