Letting specialists see shares slump in UK

British buy-to-let specialist Bradford & Bingley saw its share price tumble today after it became the third major bank to ask shareholders for cash.

Letting specialists see shares slump in UK
Wed, 14 May, 2008 - 17:53

British buy-to-let specialist Bradford & Bingley saw its share price tumble today after it became the third major bank to ask shareholders for cash.

The plan for a £300m (€377m) rights issue was announced just weeks after B&B told the City it had no need to go to the stock market for a bail-out.

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