Northern Rock announces £724.2m loss

Nationalised lender Northern Rock today posted a £724.2m (€853m) loss for the six months to June 30.

Northern Rock announces £724.2m loss
Tue, 04 Aug, 2009 - 08:18

Nationalised lender Northern Rock today posted a £724.2m (€853m) loss for the six months to June 30.

Northern Rock was notorious for its Together loans which lent up to 125% of home values.

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CourtsBusinessHeathrowPlace: UKPerson: Gary HoffmanOrganisation: Northern RockOrganisation: TogetherOrganisation: The RockOrganisation: Bank of EnglandOrganisation: British Government
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