Northern Rock will now be joined by Bradford and Bingley as the best, and safest, places.
I see that Northern Rock are reducing their savings interest rates because so much money has gone into their accounts. I read that 1 billion pounds has gone in over the last couple of weeks, all from other, suspect, banks. Any one bank can only have a maximum of 17.5% of the total country's savings so they are reducing interest rates to stem the flow.