Summary
SOME of the 2,000 looming job losses at Northern Rock will be avoided if a deal can be struck with a rival lender, the stateowned bank told MPs yesterday.
Ron Sandler, the Governmentappointed executive chairman, revealed he was trying to persuade another High Street bank to make use of the Rock's skilled processing staff.See the full content of this document
Extract
Rock Boss Seeks Deal for Its Staff
This "through-lending arrangement" would save some of the 2,000 redundancies announced in March, ...
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