ChatterBank1 min ago
Bradford & Bingley shares
2 Answers
I have/had 250 shares in Bradford and Bingley. I understand that these are now worthless!!! Am I right in thinking that B&B merged with someone. Am I likely to get any replacement shares of any sort?
Answers
1 to 2 of 2
Best Answer
No best answer has yet been selected by dorisday. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
B&B was nationalised last year. The Government has made a compensation order which sets out the procedures for determining how much compensation shareholders will get, but things haven't moved much further forward yet.
The Government are to appoint a valuer to assess the appropriate level of compensation. However they're not even interviewing for the post until May, so it will be a long time before anyone sees any money.
Shareholders Action Group:
http://www.uksa.org.uk/BradfordBingley.htm
Chris
The Government are to appoint a valuer to assess the appropriate level of compensation. However they're not even interviewing for the post until May, so it will be a long time before anyone sees any money.
Shareholders Action Group:
http://www.uksa.org.uk/BradfordBingley.htm
Chris
1 to 2 of 2
