Mr Brown's Record on Prudence
Northern Rock continues borrowing | Business | Reuters
Northern Rock may have borrowed as much as 29 billion pounds from the Bank of England since its crisis began, after a jump in loans last week, according to Bank data.
Northern Rock is likely to have borrowed 2.7 billion pounds last week, up from an estimated 1.1 billion pounds in the previous week, the latest Bank balance sheet data showed on Thursday.
What's the total going to be, and will we get it back?
Comments
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Posted by: Gallimaufry | November 29, 2007 11:32 PM
My guess; the total will be at least three times what they say it'll be, but they'll lie about most of it and hide the rest (see "Olympic Games" for details), and you've got Buckley's of getting any of it back.
Posted by: Ian Bennett | November 30, 2007 8:00 AM