Northern Rock
Media playback is unsupported on your device
Video

Northern Rock repays part of its government loan

The company that manages the toxic assets of Northern Rock and Bradford and Bingley has repaid £2bn to the Government.

Northern Rock Asset Management saw a rise in pre-tax profits from £191m in 2010 to £789m in 2011.

BBC Radio 5 live Breakfast asked Sean Rickard, an independent economic analyst, if NRAM was on target to repay its remaining £19.7bn debt.

To hear other 5 live interviews, please visit the best bits page.

Go to next video: Brits have had £26bn compensation