Northern Rock loaned another £2.7bn

Northern Rock appeared to have borrowed another £2.7bn (€3.7bn) from the Bank of England this week amid signs of a further tightening in financial markets.

Northern Rock loaned another £2.7bn

Northern Rock appeared to have borrowed another £2.7bn (€3.7bn) from the Bank of England this week amid signs of a further tightening in financial markets.

The embattled mortgage lender’s debts are now thought to total more than £29bn (€40bn), according to analysis of the Bank of England’s latest balance sheet figures today.

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