Northern Rock shares fall to record low

Shares in beleaguered Northern Rock fell to a new record low today amid looming prospects of nationalisation for the stricken lender.

Wed, 16 Jan, 2008 - 15:21

Shares in beleaguered Northern Rock fell to a new record low today amid looming prospects of nationalisation for the stricken lender.

The Newcastle-based company’s shares tumbled as low as 52.5p, giving the group a stock market value of just £221m.

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