Alistair Darling today defended his decision to allow Northern Rock to resume offering 90% mortgages, insisting the bank has learned from its mistakes.Allowing Northern Rock to loan an extra 14bn over the next two years would help to kick-start the mortgage market, the chancellor insisted this morning.Darling’s comments came only hours before Northern Rock announced [...]
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Tuesday, February 24, 2009
Rock to offer 90% mortgages
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