Wednesday, February 20, 2008

Northern Rock is sovereign backed

City Bankers have been flocking to put their money into the Rock as its new one year bond rate is now one of the best on the market.

1 comment:

  1. F***ing hell. If it's government backed, i.e. less risky, they should be paying lower interest rates. Is there no end to our government's capacity to waste money? Well, no, obviously.