UK props up wounded Northern Rock

Story date: 2007-09-15 04:53:00
Added on: 2007-09-15 06:00:18

Reuters UK - LONDON (Reuters) - Britain's financial authorities stepped in to rescue mortgage lender Northern Rock on Friday as the group, which has lent aggressively to home buyers, fell victim to the sharp rise in borrowing costs between banks. In Britain's ...


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