Northern Rock gets bank bail out
Northern Rock has been heavily hit by the sub-prime crisisThe Bank of England has agreed to give emergency financial support to the Northern Rock, one of the UK's largest mortgage lenders, the BBC has learned.
However this does not mean that the bank is in danger of going bust, Business Editor Robert Peston says.
There was no reason for people with Northern Rock savings accounts to panic, he added.
NWN: If you have any money with this bank ,then get it out asap, I would be camping out waiting for them to open in the morning and draw the bloody lot out !
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