Details emerge of Bradford & Bingley rescue deal

Details began to emerge today of the deal to save the ailing mortgage lender Bradford & Bingley.

Details emerge of Bradford & Bingley rescue deal
Mon, 29 Sep, 2008 - 08:02

Details began to emerge today of the deal to save the ailing mortgage lender Bradford & Bingley.

The company, which has been battered by the credit crunch, is to become the second UK bank this year to be nationalised – following Northern Rock into public ownership – after attempts to sell the business failed.

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