Taxpayers to take on Northern Rock risk

Story date: 2008-01-21 05:20:00
Added on: 2008-01-21 18:27:52

Daily Telegraph - Northern Rock's mortgage book was not sufficiently attractive for Royal Bank of Scotland ... Northern Rock lent an average 78pc of the value of a home in the six months to June, just as the market peaked. The next closest lender was Alliance & Leicester ...


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