Brokers see bleak future for nationalised Rock

Powley, Tanya
February 2008
Money Marketing;2/21/2008, p7
The article reports on the bleak future of the financial firm Northern Rock on the mortgage market in Great Britain. It is stated that mortgage commentators have questioned the firm's future following the Government's decision for nationalisation. Alex Murray of Thinc group finds the move laughable, while Rob Clifford of MortgageForce expects a period of benign activity. Moreover, Roy Boulger of John Charcol predicts that the Government will axe the bank's Together product.


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