Rock Sale 'Disastrous'

Summary


ANY early Government sell-off of Northern Rock or its stake in other banks would be "disastrous", Liberal Democrat treasury spokesman Vince Cable said today.

Mr Cable told the Local Government Association annual conference he did not know whether a report that supermarket giant Tesco could launch a bid for Northern Rock was true.

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Extract


Rock Sale 'Disastrous'

But he told delegates: "It's very clear the Govern...

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