Northern Rock's repossessions soar 63% as lender posts annual loss of Ł1.3bn

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Northern Rock's repossessions soar 63% as lender posts annual loss of Ł1.3bn

3rd March 2009, 11:50:AM

Repossessions by nationalised lender Northern Rock soared 63 per cent last year, figures revealed today. The figures came as Northern Rock confirmed pre-tax losses of Ł1.36 billion for the year.

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Northern Rock's repossessions soar 63% as lender posts annual loss of Ł1.3bn

Northern Rock's repossessions soar 63% as lender posts annual loss of Ł1.3bn

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