Northern Rock shares slump

Shares in crisis-hit mortgage lender Northern Rock slumped again today as traders speculated over the future of the company.

Mon, 24 Sep, 2007 - 18:19
1

Shares in crisis-hit mortgage lender Northern Rock slumped again today as traders speculated over the future of the company.

The UK’s fifth biggest mortgage lender closed more than 11% down after briefly surging 13% higher earlier in the day amid market rumours of a possible private equity takeover.

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