Summary
NORTHERN Rock looked increasingly vulnerable to a takeover last night after its reputation took a severe battering following the withdrawal of more than GBP 1bn of deposits.
Analysts say a deal could be done as early as this week as the Bank of England looks set to put more money into the troubled mortgage lender.See the full content of this document
Extract
Predators Circle As Northern Rock Founders
Around GBP 900m was wiped from the value of Northern Rock as its shares slumped 31 per cent to 438p. The Newcastle-based lender, the Bank o...
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