Rock Shares Dive Below Pounds 1 As Buyer Pulls Out of Rescue

Summary


NORTHERN Rock shares were in meltdown today as they plummeted below Pounds 1 for the first time.

The Stock Exchange imposed emergency measures to restrict frenzied trading in the crippled lender's shares.

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Extract


Rock Shares Dive Below Pounds 1 As Buyer Pulls Out of Rescue

They dropped 10.6p to a new low of 93.6p in the first few minutes of trading after 8am as the City predicted that shareholders are ...

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