Northern Rock: Chancellor's Hobson's choice
Story date: 2007-12-07 03:43:00
Added on: 2007-12-07 23:00:22
Daily Telegraph - The Newcastle-based lender was forced to admit on September 14 that it had appealed to the Bank of England for emergency funding because it was unable to refinance its mortgage book in the global money markets. Since then, it has haemorrhaged ...
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