Summary
SIR Richard Branson is keeping a close eye on Northern Rock's potential sale, it emerged yesterday. The tycoon previously tried to buy the Rock and appears to have renewed his interest as European competition chiefs approved its split into "good" and "bad" banks.
Sir Richard's Virgin Money group has made it clear it wants to take on existing banks and could see snapping up the "good" Northern Rock as the way to do that.See the full content of this document
Extract
Virgin's Chief Branson has Eye On Rock
The good Northern Rock will hold savings and some existing mortgages - but crucially will...
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