So Northern Rock is to be split into two, and receive another £8 billion of taxpayers money. Not my area of expertise, but it seems to me that this is good news for the region.. The Journal seem to think that guarantees will be made so that the ‘good bank’ stays in Newcastle, and have [...]
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Yin and Yang – good bank, bad bank
Posted in Economy, Northern Rock on October 28, 2009 | Leave a Comment »
