Losses at Northern Rock totalled £1.4bn for 2008 the Newcastle-based lender revealed on Monday as it unveiled plans to re-enter the mortgage lending market in the UK by making £14bn available to would-be home buyers over the next two years
Financial Times - US homepage, Financial Times
Mon, 02/23/2009 - 5:23am
Losses at Northern Rock totalled £1.4bn for 2008 the Newcastle-based lender revealed on Monday as it unveiled plans to re-enter the mortgage lending market in the UK by making £14bn available to would-be home buyers over the next two years