Northern rock results today

Northern Rocks losses are a byproduct of tHe North East of England beign dependant on Japanese firms since teh 1980s. Given recent events in Japan the reduction in teh supply of parts for their factories here and resultant job losses on top of reductions in the economy is to be expected. Previous reports on Northern Rock showed that it had since state ownership stopped its 125% mortgages and resinitiated responsible lending based on the review of financial services and teh reform of the tripartite system.