Tuesday, August 4, 2009

Rock and Roll…

Northern Rock posts £724m loss

The Newcastle-based company also said the share of its mortgages in arrears had risen to 3.92% by June 30, from 3.67% three months before. Northern Rock - which was taken into public ownership in February 2008 - said it incurred an impairment charge on its loans of £602.2 million and expected that figure to be similar in the second half.

Posted by rob @ 08:18 AM (574 views)
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