National News

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Taxpayers should not be left with the scraps of Northern Rock says Vince Cable

Commenting on the European Union's approval of plans for the nationalised Northern Rock to be split in two, paving the way for a partial sale, Vince Cable said "While the EU is right that there should be greater competition in the financial sector, splitting Northern Rock into 'good' and 'bad' banks risks leaving the taxpayer with the scraps while the private sector gets the prime cuts."

29 Oct 2009
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