Branson: Nationalisation not right for bank

Nationalisation is “not the right answer” for Northern Rock, Richard Branson said today.

Branson: Nationalisation not right for bank
Sun, 17 Feb, 2008 - 17:28

Nationalisation is “not the right answer” for Northern Rock, Richard Branson said today.

The head of the failed bid by Virgin for the beleaguered bank said the group had tried its best to save “Northern Rock and the jobs of the staff”.

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