Why the North-East needs a solid Rock

Tim Williams, Regeneration & Renewal, 28 September 2007

Because Northern Rock is Britain's fifth largest bank, we tend to think of it like any other financial institution which has got into difficulty.

Not so. The Midland Bank long ago lost any geographical identity. Even HSBC, which swallowed it up, is no longer thought of as the Hong Kong and Shanghai Bank. And...

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