FTSE remains positive after Northern Rock crisis

Northern Rock’s share price was on the back foot today as bid rumours surrounding the crisis-hit mortgage lender swept the market.

FTSE remains positive after Northern Rock crisis

Northern Rock’s share price was on the back foot today as bid rumours surrounding the crisis-hit mortgage lender swept the market.

The group was down 8%, or 27p, to 279p as traders swapped talk of a 200p a share bid from Lloyds TSB and a 100p a share proposal from Halifax Bank of Scotland.

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